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Distilling Economic Literature

Tag: Economic Thought

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…

Bourgeois Equality

Our Language Shows Historic, and Current, Disdain for the Bourgeois

Dr. Ellen Clardy, July 29, 2022July 26, 2025

A Discussion of Bourgeois Equality Chapter 46 “The Hostility was Ancient” Dr. McCloskey continues her exploration of the negative attitude that has existed over time towards trading and profits started last chapter. Trading and profit making and entrepreneurship and betterment have been more or less despised by the aristocracy in pastoral…

Bourgeois Equality

Attitudes towards Bourgeois Betterment Historically Hostile

Dr. Ellen Clardy, July 15, 2022July 26, 2025

A Discussion of Bourgeois Equality Chapter 45 “Talk had been Hostile to Betterment” Dr. McCloskey opens this chapter with a story of a Mayan man from Guatemala, Oscar Chiquito, who had recently graduated from university despite long odds. And the long odds were due largely to his father’s hostility to…

Bourgeois Equality

Ideas Matter: Respect for the Bourgeois Led to the Great Enrichment

Dr. Ellen Clardy, July 8, 2022July 25, 2025

A Discussion of Bourgeois Equality Chapter 44 “The Rhetorical Change was Necessary, and May be Sufficient Dr. McCloskey is wrapping up Part VI of her book with this chapter focusing on the importance of the shift in rhetoric and playing with the concepts of necessary and sufficient. If the shift in…

Bourgeois Equality

Good Ideas Put the Bourgeois in Charge

Dr. Ellen Clardy, July 2, 2022July 25, 2025

A Discussion of Bourgeois Equality Chapter 43 “Ideas Made for a Bourgeois Revaluation” Dr. McCloskey is continuing her exploration for the factors that caused the Great Enrichment to occur when and where it did, nineteenth century England. She has been focusing on many economic and cultural factors so far, but…

Bourgeois Equality

Why We Need a Supportive Government not a Predatory One

Dr. Ellen Clardy, June 24, 2022July 25, 2025

A Discussion of Bourgeois Equality Chapter 42 “Political Ideas Mattered for Equal Liberty and Dignity” Dr. McCloskey is examining the role political thinking played in making the trade tested betterment system work. She notes that many societies in the past, and now, have some elements needed for such a system…

Bourgeois Equality

Then the Printing Press Buoyed the Flow of Ideas, and thus the Bourgeois Revaluation

Dr. Ellen Clardy, June 17, 2022July 25, 2025

A Discussion of Bourgeois Equality Chapter 41 “Printing and Reading and Fragmentation Sustained the Dignity of Commoners” Dr. McCloskey is exploring the various factors that contributed to a culture supportive of the Great Enrichment, and now she turns her attention to the increase in the sharing of ideas that the…

Bourgeois Equality

And the Bourgeois Revaluation also needed a Happiness Revival

Dr. Ellen Clardy, June 3, 2022July 25, 2025

A Discussion of Bourgeois Equality Chapter 40 “The Theology of Happiness Changed Circa 1700” While last chapter, Dr. McCloskey explored the impact of the Radical Reformation movement on the church leading to a belief in self governance, in this chapter she explores the impact of changes in the theology of happiness….

Bourgeois Equality

Backward History Reveals Why the Bourgeoisie Rise

Dr. Ellen Clardy, December 3, 2021July 24, 2025

A Discussion of Bourgeois Equality Chapter 17 “It is a Truth Universally Acknowledged that even Dr. Johnson and Jane Austen Exhibit the Revaluation” Dr. McCloskey begins Part 3 of this opus (there are 10 parts!) by delving further into the origination of the ideas that led to the Great Enrichment….

Bourgeois Equality

Are Libertarians Right about Government?

Dr. Ellen Clardy, November 20, 2021July 24, 2025

A Discussion of Bourgeois Equality Chapter 16 “Most Governmental Institutions Make Us Poorer” Calling all libertarians! I think this chapter is for you. This chapter wraps up Part 2. Chapters 10 and 11 showed the Left’s explanations for the Great Enrichment were wrong, but Chapter 12 and 13 did the…

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