A digitallighting tactic that uses economic jargon and appeals to “market reality” to make a target feel naive, idealistic, or foolish for questioning economic conditions. The perpetrator may claim the target simply doesn’t understand “how the economy works” and that any critique is evidence of inexperience. The goal is to erode the target’s confidence in their own economic reasoning, positioning the speaker as the hard‑nosed realist.
Example: “She suggested that raising the minimum wage would reduce poverty; he said she didn’t understand ‘price elasticity’ or ‘job destruction.’ Marketlighting: using economic theory to make the target doubt simple moral truths.”
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)