Bourgeois Equality McCloskey Deirdre N. Paperback
Bourgeois Equality McCloskey Deirdre N. Paperback There's little doubt that most humans today are better off than their forebears. The poorest of humanity, McCloskey shows, will soon be joining the…
Specifikacia Bourgeois Equality McCloskey Deirdre N. Paperback
Bourgeois Equality McCloskey Deirdre N. Paperback
There's little doubt that most humans today are better off than their forebears. The poorest of humanity, McCloskey shows, will soon be joining the comparative riches of Japan and Sweden and Botswana.Why? Stunningly so, the economist and historian Deirdre McCloskey argues in the concluding volume of her trilogy celebrating the oft-derided virtues of the bourgeoisie.
McCloskey disagrees, fiercely. Most economists--from Adam Smith and Karl Marx to Thomas Piketty--say the Great Enrichment since 1800 came from accumulated capital. "Our riches," she argues, "were made not by piling brick on brick, bank balance on bank balance, but by piling idea on idea." Capital was necessary, but so was the presence of oxygen.
It was ideas, not matter, that drove "trade-tested betterment." Nor were institutions the drivers. The World Bank orthodoxy of "add institutions and stir" doesn't work, and