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In this famous dialogue Philo (who reflects Hume's views on the subject) gives us the classic critique of the argument from design. In the parts reproduced here, Cleanthes (the natural theologian) states the argument and asserts, "By this argument a posteriori, and by this argument alone, do we prove at once the existence of a Deity and his similarity to human mind and intelligence." Philo replies that the argument rests on an extremely weak analogy from which we can derive no more than a guess about a deity. The dissimilarities between the universe and a human-crafted machine are too great to draw the conclusion that Cleanthes seeks. We cannot, for example, draw a conclusion about the origin of the vast universe as a whole from a fact about the origin of a tiny part of the universe (a house or a ship, for instance). Furthermore, if we try to infer the nature of a Designer from facts about the natural world and human designers, we would have to conclude that the Designer may not be infinite (because the world is finite), may not be perfect (because nature is full of imperfections), and may not be single (because it is possible that the world was made by many deities).
-Philo declares that this world might have been the faulty product of an inexperienced deity.
Winner's Curse
A situation in an auction where the winning bid exceeds the intrinsic value or true worth of an item.
Sequential Entry
A market entry strategy where businesses or competitors enter a market one after another, as opposed to entering simultaneously.
Marketing Rights
The permissions or licenses purchased or acquired by entities to promote, sell, or distribute a product or service.
Dutch Auction
Auction in which a seller begins by offering an item at a relatively high price, then reduces it by fixed amounts until the item is sold.
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