Kenneth J. Arrow Rationality of Self and Others in an Economic System (1995, p.385)pic.twitter.com/W8wHarSdk1
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Kenneth J. Arrow Rationality of Self and Others in an Economic System (1995, p.391)pic.twitter.com/QBUYP3wtm3
Kenneth J. Arrow Rationality of Self and Others in an Economic System (1995, p.392)pic.twitter.com/SeaPdLPN3G
Kenneth J. Arrow Rationality of Self and Others in an Economic System (1995, p.392)pic.twitter.com/btX4TmuNS0
Smith's great cognitive error was to attribute a classical sense of singular agency to the emergent, swarm collectivism. This was ripe for hijack by the religiously-oriented to be seen as the hand of Providence. Also fed right in to expansionist Manifest Destiny-style thinking.
And hijack they did... :/
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