A Discussion of Bourgeois Equality Chapter 22 “And He Formulated the Bourgeois Deal” In this fourth and final chapter exploring Adam Smith’s impact, Dr. McCloskey explores his intellectual contribution toward a cultural shift to a favorable view of the rising bourgeois class. In the past three chapters, she has been…
Tag: Ethics
But Adam Smith’s Dismissal of the Transcendent Ultimately Led to the Sociopath Max U
A Discussion of Bourgeois Equality Chapter 21 “That is, He was No Reductionist, Economistic or Otherwise” Dr. McCloskey opens this third chapter on Adam Smith, noting that he did not reduce ethics to just one virtue the way the Enlightenment ultimately did, …narrowing an ethical system down to, for example,…
Adam Smith is not Responsible for Sociopath Max U
A Discussion of Bourgeois Equality Chapter 20 “Smith was not a Max U, but Rather the Last of the Former Virtue Ethicists” Now I, an economist, need to write about ethics. The fact that is a challenge is in part, Dr. McCloskey’s critique of us economists. In the last chapter,…
Was Adam Smith Really So Pecuniary?
In this part of the book, Dr. McCloskey is continuing to demonstrate a positive shift in attitude towards the bourgeois, esteeming the virtues that will make the coming age of commerce possible. She is now going to write four (4!) chapters about Adam Smith so get ready for a deep…
Good Institutions are not Enough — You Still Need Good Ideas
A Discussion of Bourgeois Equality Chapter 14 “Because Ethics Matters, and Changes, More” I’ll be honest. If the first few chapters read like this one, I never would have thought to do this chapter by chapter review! That is not because this chapter is bad, but it did challenge me….