| The moral to be drawn is that causation may imply that certain counterfactuals hold, but the holding of counterfactuals is not enough to show causation. |
| But it may strike us as being far from natural to say that all of these counterfactuals are true. |
| In his analysis Higginbotham takes into account earlier studies of counterfactuals, the issue of telicity, and possible influences of context. |
| Such a semantics states truth conditions for counterfactuals in terms of relations among possible worlds. |
| The broader, Lucas critique-type question, concerning the impact of the state of the economy on the nature of policy rules is beyond the scope of these counterfactuals. |
| Causation leads to counterfactuals, and counterfactuals lead to fantasy and the whole domain of the imagination. |
