Economics

Economics Builds a Tower of Babel

A word can mean whatever you want it to mean.

Back when the whole world had one language.

Photographer: Archivio J. Lange/DeAgostini/Getty images

In Lewis Carroll’s "Through the Looking Glass," Humpty Dumpty proudly declares: "When I use a word, it means just what I choose it to mean-- neither more nor less."  To which Alice replies: "The question is whether you can make words mean so many different things."

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