If Adam Smith’s “Invisible Hand” obscures how much the market is actively shaped by players, what’s a better metaphor?
How about the Visible Toes?
Visible — we actively shape the market…
Toes — but only somewhat. You can close — or nudge — a door with your toes. But drawing an accurate plan of a Green house or orchestrating a plot? Not so much.
Am I serious? No. Could this goofing around help to find a better metaphor? Stay tuned…
