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Socrates’ close association of madness and philosophy from the Phaedrus’ Palinode has puzzled interpreters. How can philosophy be equated to irrationality? In this paper I argue against interpretations that either deny that the association of madness and philosophy ought to be taken seriously or downplay this association by considering madness as akin to the unreflective  inspiration characterizing only the first stages of philosophizing but subsequently overcome by the mature philosopher. I show that the association of madness and philosophy is an integral part of Socrates’ polemics against what he calls “human moderation”, characterized by a cold calculation of costs and benefits. And, moreover, that madness is an ongoing feature of philosophy and of the philosopher, who is never fully in possession of all his rational and cognitive processes but has to constantly work on them in an effort of self-clarification.

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