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Distilling Economic Literature

Category: Bourgeois Equality

Bourgeois Equality

Knowing the Source of the Great Enrichment Is Crucial

Dr. Ellen Clardy, September 30, 2022July 26, 2025

A Discussion of Bourgeois Equality Chapter 56 “The Change in Ideas Contradicts Many Ideas from the Political Middle, 1890–1980” Not only is this chapter starting Part 9 out of 10 of Dr. McCloskey’s book, but these last 2 parts are addressing the fourth, and last, big question: What are the…

Bourgeois Equality

Ideas Were, and Are, the Driving Force

Dr. Ellen Clardy, September 23, 2022July 24, 2025

A Discussion of Bourgeois Equality Chapter 54 “Yes, It Was Ideas, Not Interests or Institutions, That Changed, Suddenly, in Northwestern Europe” and Chapter 55 “Elsewhere Ideas About the Bourgeoisie Did Change” In these last 2 chapters of Part VIII of her book, Dr. McCloskey is returning to her main theme…

Bourgeois Equality

But It Was a Shallow Change

Dr. Ellen Clardy, September 16, 2022July 24, 2025

A Discussion of Bourgeois Equality Chapter 53 “It Was Not a Deep Cultural Change” Dr. McCloskey continues to examine the power of rhetoric, what we may now call the narrative, on society and the economy. Why did the Great Enrichment take root around 1700 in England? Capitalism and the Hockey Stick…

Bourgeois Equality

It Was a Rapid Revision of Rhetoric

Dr. Ellen Clardy, September 9, 2022July 26, 2025

A Discussion of Bourgeois Equality Chapter 52 “And Its Rhetoric Can Change Quickly” As Dr. McCloskey continues on in Part VIII with the argument that the belief in certain ideas created the modern world of wealth, she is now focusing on how quickly ideas can change. Why did the Great…

Bourgeois Equality

Sweet Talk at Work Matters More than You Think

Dr. Ellen Clardy, September 2, 2022July 26, 2025

A Discussion of Bourgeois Equality Chapter 51 “Sweet Talk Rules the Economy” No, this is not about inappropriate talk. Dr. McCloskey has been arguing all along in her book that the rise of ideas, rhetoric and language that respect the dignity of the bourgeois merchant was key to the Great…

Bourgeois Equality

The Danger of the Same as It Ever Was

Dr. Ellen Clardy, August 26, 2022July 26, 2025

A Discussion of Bourgeois Equality Chapter 50 “On the Whole, However, the Bourgeoisies and their Bettering Projects Have Been Precarious” Dr. McCloskey is wrapping up part VII (!) of her book (still 3 more parts to go) in which she has been making the point that the Great Enrichment that…

Bourgeois Equality

Ideas Transformed Sociology not Biology

Dr. Ellen Clardy, August 19, 2022July 26, 2025

A Discussion of Bourgeois Equality Chapter 49 “And then Turned” Dr. McCloskey revisits her main thesis: the role of ideas as the source of the Great Enrichment taking off in England in the nineteenth century. She says it cannot be due to economic, political, or legal changes because any changes…

Bourgeois Equality

And the New Bourgeois Respect Created Vested Interests Supportive of the Great Enrichment

Dr. Ellen Clardy, August 12, 2022July 26, 2025

A Discussion of Bourgeois Equality Chapter 48 “And Betterment, Though Long Disdained, Developed Its Own Vested Interests” Change is hard to do in a system in part because it hurts one or more groups who are part of the existing status quo. So how can something as big as a…

Bourgeois Equality

Yet the Roots of Bourgeois Respect were Christian

Dr. Ellen Clardy, August 7, 2022July 26, 2025

A Discussion of Bourgeois Equality Chapter 47 “Yet Some Christians Anticipated a Respected Bourgeoisie” Dr. McCloskey notes that in the later medieval era you can already see Christianity making room for trading and profits that will allow successful merchants to still be devout Christians. She notes Thomas Aquinas promoting such thinking in…

Bourgeois Equality

We Need to Bring Back Virtue Not Give Up on Economics

Dr. Ellen Clardy, July 31, 2022July 29, 2025

A Discussion of Bourgeois Equality Chapter 67 “A Change in Rhetoric Made Modernity, and Can Spread It” This is an historic blog — 67 chapters over nearly 18 months, and now we are at the final chapter of Dr. McCloskey’s Bourgeois Equality! I was drawn to do a chapter by chapter review of…

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