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Distilling Economic Literature

Tag: Hierarchy

Why We Bite the Invisible Hand

The Deep, Dark Roots of Politics: Using Others to Help Ourselves

Dr. Ellen Clardy, October 6, 2023August 12, 2025

A Discussion of Peter Foster’s Why We Bite the Invisible Hand Chapter 13 “The Chimpanzee in the Room: Darwinian Politics” In an earlier chapter, Foster has discussed the origins of the instinct to trade. While trading seems natural to people, the disconnected and abstract modern economic system today challenges our…

Bourgeois Equality

Continuing Evidence: Rising Bourgeois Values Alters Language

Dr. Ellen Clardy, February 4, 2022July 25, 2025

A Discussion of Bourgeois Equality Chapter 26 “And so does the Word ‘Eerlijk’” In many ways this chapter is similar to the previous chapter that traced the change in the definition of honest to show how culture was changing. In the 1500s and 1600s, McCloskey says honest meant aristocratic and…

Bourgeois Equality

Honest? I do not think it means what you think it means

Dr. Ellen Clardy, January 28, 2022July 25, 2025

A Discussion of Bourgeois Equality Chapter 25 “The Word ‘Honest’ Shows the Changing Attitude Toward the Aristocracy and the Bourgeois” Dr. McCloskey is moving further back in time in this fourth part of the book to examine societal changes in 1700s England that will lead to the Great Enrichment. There…

Bourgeois Equality

Aspiring to Bourgeois Virtues

Dr. Ellen Clardy, January 21, 2022July 25, 2025

A Discussion of Bourgeois Equality Chapter 23 “Ben Franklin was Bourgeois and He Embodied Betterment” and Chapter 24 “By 1848 A Bourgeois Ideology Had Triumphed” Two more chapters to conclude this section of the book establishing the ideas that took root in the 1800s that allowed the Bourgeois Deal to…

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