The tyranny of credit scores

Margaret Thatcher was right. There is no such thing as society, or at least there isn't anymore. Increasingly there is only "the economy." As that ridiculous abstraction continues to subsume more and more areas of life — the family, the state, even the Church — that had hitherto enjoyed only a tertiary connection with modern commerce, it becomes more necessary to turn to metaphors drawn from biology, the science of life, in order to describe it. The most appropriate images tend to be...