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Deirdre N McCloskey proslijedio/la je Tweet
Ebenezer Scrooge vs. Wilhelm Röpke: http://theam.cn/197164l
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Deirdre N McCloskey proslijedio/la je Tweet
via
@Forbes Fred Smith: We're In a Cultural War Between the Forces of Economic Dynamism and Stasis http://www.forbes.com/sites/fredsmith/2013/08/05/were-in-a-cultural-war-between-the-forces-of-economic-dynamism-and-stasis/ …Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
The outline of The Treasured Bourgeoisie is up on http://deirdremccloskey.org . I use Tocqueville's trick of declarative chapter titles.
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In 1492, if you knew somehow that the Great Enrichment as going to happen, you would bet rationally on China. Not the pathetic Europeans.
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It is no deep European superiority, no tendencies stretching back into the Middle Ages, that explains why Europe rather than China won.
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What cause dignity and liberty for commoners? Accidents of European history in the 16th and 17th centuries, which made people bold.
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What caused innovation? Dignity and liberty for the common people, and particular the middle class. Hierarchy loosened, 1600-1848
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Markets and maximizing are not new, and can't explain the the Great Enrichment, Only innovation can, a la Kirzner and Mokyr..
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New word for capitalism? The best I can come up with is "market-tested innovation and supply." Pretty clumsy, eh? But every word counts.
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We need a new word for "capitalism." The old one keeps driving us to think that piling brick on brick, or BA on BA, did it.
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The Great Enrichment is the rise of real income per head since 1800, 30 times---that's 2900%, class. Investing and exploiting can't cause.
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Art Carden, columnist for Forbes, and I are writing a (we hope) popular book on the theme of the trilogy of The Bourgeois Era. Wish us rich!
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The 3rd vol is called The Treasured Bourgeoisie: How Markets and Innovation Became Ethical, 1600-1848, and Then Suspect. Order early!!
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While I get my hip joints replaced in July I'll finish The Bourgeois Era, the third and final volume. And get a Boxed Set, and die happy!
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Crossing, about my transition from Donald, is free June for download at the U of Chicago Press. Mom: "Don't do anything more interesting"!
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Dears: I finally remembered my password, so I'm back being active again! Stupid, eh?
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The Master: “Accumulate, accumulate! That is Moses and the prophets.” No. Ideas, images, ethics, metaphors, stories. Not K but ? & !
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That we insist on ruminating on something called “capital” does not mean that its accumulation was in fact unique to modernity.
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Wallerstein: “capitalism is . . . from capital. It would be legitimate therefore to presume that capital is a key element." No.
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