The Fallacy:
- The first step is to measure whatever can be easily measured : This is
ok as far as it goes.
- The second step is to disregard that which cannot be measured or give it
an arbitrary quantitative value: This is artificial and misleading.
- The third step is to presume that what cannot be measured easily is not
important: This is blindness.
- The fourth step is to say that what cannot be easily measured really
does not exist: This is suicide.
The reference is purportedly from " Super Money" by A. Smith.
Is A. Smith Adam Smith? If so I cannot find a reference for a work titled
Super Money by Adam Smith. Is it part of some other work of his? Can
someone give me the full reference for this.
Thanks in adavance
D.Parthasarathy
Department of Humanities and Social Sciences
Indian Institute of Technology, Powai
Mumbai, 400076, India
Phone: 091 022 576 7372
email: dp@hss.iitb.ernet.in
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