A Discussion of Bourgeois Equality Chapter 27 “Defoe, Addison, and Steele Show It, Too” Dr. McCloskey demonstrates the literature of the 1700s shifted to reflect the values and the interests of the rising bourgeois class. This Bourgeois Revaluation is simultaneously esteeming the behaviors that will now lead to success and…
Tag: Trade Tested Betterment
Bourgeois Equality
Aspiring to Bourgeois Virtues
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…
Bourgeois Equality
The Right’s Story of Economic Growth is Wrong, Too
A Discussion of Bourgeois Equality Chapter 13 “But Neither Can Poverty Be Overcome from the Right by Implanting Institutions” OK, now McCloskey is coming for me! The textbook I use for my intro macroeconomics class has a chapter on the source of economic growth, and the quality of the institutions is one…
Bourgeois Equality
Knowledge Is the True Key
A Discussion of Bourgeois Equality Chapter 12 “‘Accumulate, Accumulate’ Is Not What Happened in History” Last chapter McCloskey explored reasons the word “capitalism” should be replaced with a term that captures the source of the Great Enrichment, such as “trade-tested betterment.” Capitalism — I Do Not Think It Means What You Think It…
Bourgeois Equality
Capitalism — I Do Not Think It Means What You Think It Means
A Discussion of Bourgeois Equality Chapter 11 “Poverty Cannot Be Overcome from the Left by Overthrowing ‘Capitalism’” I will admit, I struggled with this chapter, not because I think she is wrong but because there is a lot of nuance to the matter. Her basic argument is the word, “capitalism,”…