Abstract

John Searle claims that social-scientific laws are impossible because social phenomena are physically open-ended. William Butchard and Robert D’Amico have recently argued that, by Searle’s own lights, money is a social phenomena that is physically closed. However, Butchard and D’Amico rely on a limited set of data in order to draw this conclusion, and fail to appreciate the implications of Searle’s theory of social ontology with regard to the physical open-endedness of money. Money is not physically open-ended in the strong sense that Butchard and D’Amico require, and their argument for the possibility of social-scientific laws fails as a result