Re: [Pen-l] Literary criticism and economics [was: It's the metonymy, stupid!]

[Sandwichman <lumpoflabor@xxxxxxxxx>]

The Burkean argument, one that I subscribe to also, is that talk isn't "just talk," either but is also action. Sometimes it might be a relatively trivial action, such as ritually affirming a passing acquaintance with a "hi, how are you?"  but some economic transactions are no less trivial.

On Sat, Jun 6, 2009 at 11:11 AM, Jim Devine <jdevine03@xxxxxxxxx> wrote:

Sandwichman wrote:
> Economic transactions, furthermore, can 'profitably' be viewed as instances
> of persuasion.

Obviously economic transactions involve persuasion. But unlike
rhetoric and persuasion, economic transactions (in a market setting)
involve actual transfer of property rights between individuals. It's
not just talk; it's action.

--
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.

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-- 
Sandwichman
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