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Distilling Economic Literature

Tag: Trade Tested Betterment

Bourgeois Equality

Knowing the Source of the Great Enrichment Is Crucial

Dr. Ellen Clardy, September 30, 2022August 5, 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

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

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, 2022August 5, 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, 2022August 7, 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

Radical Reformation of Church Governance Contributed to the Bourgeois Revaluation

Dr. Ellen Clardy, May 27, 2022July 25, 2025

A Discussion of Bourgeois Equality Chapter 39 “‘Democratic’ Church Governance Emboldened People” Dr. McCloskey continues her exploration of what led to a cultural shift away from esteeming hierarchy and towards esteeming the individual because it is that shift that enables the Great Enrichment she is trying to explain. She focuses…

Bourgeois Equality

Elizabethan England Esteemed Elites

Dr. Ellen Clardy, April 9, 2022July 25, 2025

A Discussion of Bourgeois Equality Chapter 33 “As Did Elizabethan England Generally” Dr. McCloskey is continuing on with the thesis of last chapter, offering examples of Elizabethan writers other than Shakespeare, who valued hierarchy over the disruptive bourgeois virtues that will allow the trade tested betterment system to take off…

Bourgeois Equality

Seeing The Bourgeois Revaluation in Literature

Dr. Ellen Clardy, February 11, 2022July 25, 2025

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…

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