Many psychologists think that concepts should be understood on analogy
with the terms of scientific theories, yet the significance of this c
laim has always been obscure. In this paper, I clarify the psychologic
al content of the theory analogy, focusing on influential pieces by Su
san Carey. Once plainly put, the analogy amounts to the view that a me
ntal representation has its semantical properties by virtue of its rol
e in a restricted knowledge structure. One of the commendable things a
bout Carey's work is that, unlike many other psychologists who appeal
to the theory analogy, she takes seriously the need to specify how the
se structures are constrained. At the same time, the constraints she o
ffers are insufficient. Her account also faces challenges from recent
work in the semantics of natural kind terms.