Economics is often used in literary studies, but rarely free market economics. Austrian economics, with its emphasis on subjective value (Menger), human action (Mises), spontaneous order and knowledge (Hayek), and entrepreneurship (Kirzner), seems a particularly fruitful source of ideas for literary studies.
Friday, March 25, 2011
Hesiod, the Muses, and Mises
Daniel James Sanchez gives us an analysis of Hesiod in Of Muses and Mises: A Prelude to Natural Philosophy. Particularly note the distinction he points out between two kinds of "truth" -- a distinction no doubt Nietzsche had in mind when he argued that "Art tells the truth in the general form of a lie" and "Art lies, and lies like the truth." These are very important features of art. Art is an imaginative place space that allows us to safely try our alternative worlds. Better we try them out there and reach tragic conclusions (what happens when you reject family, religion, and money and claim all of these powers for the state? read Sophocles' Antigone and find out) than try them out in the real world (what happens when you reject family, religion, and money and claim all of these powers for the state? look at the experiences of the communist countries and find out).
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