- Why Economics Can't Explain the Modern World
- Narrated by: Marguerite Gavin
- Length: 20 hrs and 42 mins
- Unabridged Audiobook
- Release date: 29-06-17
- Language: English
- Publisher: Gildan Media, LLC
Or so says Deirdre N. McCloskey in Bourgeois Dignity, a fiercely contrarian history that wages a similar argument about economics in the West. Here she turns her attention to 17th- and 18th-century Europe to reconsider the birth of the Industrial Revolution and the rise of capitalism. According to McCloskey, our modern world was not the product of new markets and innovations but rather the result of shifting opinions about them. During this time, talk of private property, commerce, and even the bourgeoisie itself radically altered, becoming far more approving and flying in the face of prejudices several millennia old. The wealth of nations, then, didn't grow so dramatically because of economic factors: It grew because rhetoric about markets and free enterprise finally became enthusiastic and encouraging of their inherent dignity.
An utterly fascinating sequel to her critically acclaimed book The Bourgeois Virtues, Bourgeois Dignity is a feast of intellectual riches from one of our most spirited and ambitious historians - a work that will forever change our understanding of how the power of persuasion shapes our economic lives.
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Customer ReviewsMost Helpful
By David Ahlstrom on 10-07-18
Everyone should understand economic growth
Professor Deirdre McCloskey tells the story (and evidence) of economic growth better than anyone. She also explains why Diamond, Kennedy, and numerous economists are wrong about economic growth.