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Distilling Economic Literature

Tag: Virtue Ethics

Bourgeois Equality

The Relative Tolerance of Holland

Dr. Ellen Clardy, May 6, 2022December 21, 2023

A Discussion of Bourgeois Equality Chapter 37 “For Instance, Holland Was Tolerant, and Not for Prudence Only” In this chapter, Dr. McCloskey is wrapping up her discussion of the Dutch embrace of the bourgeois virtues by focusing on what impact it had on their relatively higher level of tolerance. To get…

Bourgeois Equality

What Really Motivated the Bourgeois Dutch to Charity

Dr. Ellen Clardy, April 30, 2022December 21, 2023

A Discussion of Bourgeois Equality Chapter 36 “And the Dutch Bourgeois was Virtuous” Nearing the end of Part 5, which is concentrating on the rise of bourgeois in the 1500s and 1600s, Dr. McCloskey is focusing on the Netherlands. Last chapter she gave some of the historical reasons bourgeois virtues…

Bourgeois Equality

Accounting Was Sooo Bourgeois

Dr. Ellen Clardy, April 16, 2022December 20, 2023

A Discussion of Bourgeois Equality Chapter 34 “Aristocratic England, For Example, Scorned Measurement” Dr. McCloskey continues exploring the cultural mindset of the Elizabethan era of England in this chapter to demonstrate it did not embrace measurement, which is foundational to the launch of the Great Enrichment in the eighteenth century….

Bourgeois Equality

Aspiring to Bourgeois Virtues

Dr. Ellen Clardy, January 21, 2022July 31, 2023

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

Adam Smith Wanted You Free to Make Your Own Decisions

Dr. Ellen Clardy, January 15, 2022July 31, 2023

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…

Bourgeois Equality

But Adam Smith’s Dismissal of the Transcendent Ultimately Led to the Sociopath Max U

Dr. Ellen Clardy, January 8, 2022July 31, 2023

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,…

Bourgeois Equality

Adam Smith is not Responsible for Sociopath Max U

Dr. Ellen Clardy, December 24, 2021July 31, 2023

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,…

Bourgeois Equality

Was Adam Smith Really So Pecuniary?

Dr. Ellen Clardy, December 18, 2021July 31, 2023

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…

Bourgeois Equality

When Earning Money Became a Virtue

Dr. Ellen Clardy, December 11, 2021July 31, 2023

A Discussion of Bourgeois Equality Chapter 18 “No Woman but a Blockhead Wrote for Anything but Money” In this chapter, Dr. McCloskey is continuing with the idea initiated the last chapter: Jane Austen illustrates the bourgeois ideals in her writing, though she herself was not bourgeois. Backward History Reveals Why…

Bourgeois Equality

Knowledge Is the True Key

Dr. Ellen Clardy, October 16, 2021August 9, 2023

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…

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