Description
Book SynopsisTrade Review"For those unable to devote the time to reading The Bourgeois Virtues, Bourgeois Dignity, and Bourgeois Equality, McCloskey has teamed here with Carden to write a popular version. While the argument is the same—namely that respect for human liberty is what led to the Great Enrichment—this book is not a Reader’s Digest condensed version of the trilogy. Carden and McCloskey use this opportunity to make the ideas of the trilogy more contemporary. They do so in two ways. Current policy proposals, such as Senator Elizabeth Warren’s proposal for a 2 percent tax on the wealthy, are used where appropriate. Modern examples, from changes to the television set as owned by the TV Simpsons family to a long list of failed business ideas that wasted resources, such as the New Coke or Trump Airlines, are added to the mix alongside McCloskey's literary and historical examples. Even readers of McCloskey's three prior volumes will find much to enjoy in this updated reprise. Recommended."
* Choice *
“At a time when the mood—and reality—of the times is swinging toward state intervention in the economy—and rightly so, given the potentially Hobbesian world to which the combination of market power and pandemic have brought us—it’s all the more important to keep an open mind and take these arguments from economic liberty seriously. . . . The sweep of McCloskey’s historical knowledge is such that the book is just a good read (if you like the tone), and a fraction of the length of the [Bourgeois] trilogy!”
-- Diane Coyle * The Enlightened Economist *
"This thought-provoking work is recommended for economics faculty and students, and researchers in economics and history to ‘think differently’ about these respected disciplines.”
* Library Journal *
"For half a century Deirdre McCloskey has been a member of the starting lineup of economic history. The author of numerous books and hundreds of research papers and essays, her magnum opus is the monumental 'Bourgeois Trilogy' that appeared between 2006 and 2016 and laid out her view of economic history and much else in about 2,000 pages. The slim volume here, co-authored with Art Carden, summarizes her views of what she has termed the 'Great Enrichment' and makes it accessible to a wider public. In every way, this comparatively slim volume is vintage McCloskey: written in a rather informal conversational style, she states her views in her inimitable crystal-clear prose." * EH-Net *
"Read this book and learn why you must know the truth, what truth you need to know, and why the freedom it brings has made almost everyone better off than their parents and grandparents."
-- Vernon L. Smith, Chapman University and 2002 Nobel Laureate in Economics
"If you are feeling down about the state of the world or pessimistic about its prospects then this is the book to cheer you up. McCloskey and Carden show how much off everyone is today compared to everyone who lived before, and how this is explained not by the usual suspects such as institutions, or capitalism or the profits of slavery and colonialism, or the exploitation of natural resources, but simply by the practice of liberty, letting people be and allowing them to do their thing (and, crucially, to innovate). They also show how fashionable pessimism about the future is wrong in all its modish variants—as it has been since 1798. This is a work for economists, historians, and anyone who wants to understand why the world has become so much better for human beings in the last two hundred and fifty years and is set to continue doing so."
-- Stephen Davies, Institute of Economic Affairs
“There is nobody writing today who mixes erudition and eloquence, or wit and wisdom as richly as McCloskey. Together with Carden, she has now found another virtue: brevity. This is the book I want all young people to read to understand how and why they are so much better off than any previous generation.” -- Matt Ridley, author of How Innovation Works and The Rational Optimist
Table of ContentsPreface
Part I Poverty Is on the Run
1 Liberalism Liberated
2 It’s the End of the World as They Knew It, and You Should Feel Pretty Good
3 Nostalgia and Pessimism Worsen Poverty
4 Under Liberalism the Formerly Poor Can Flourish Ethically and Spiritually
5 Consider the Possibility That Your Doubts Might Be Mistaken
6 Pessimism Has Been since 1800 a Rotten Predictor
7 Even about the Environment
8 In Fact, None of the Seven Old Pessimisms Makes a Lot of Sense
9 Nor Do the Three New Ones
10 So to Get Better, the World Had Better Keep Its Ethical Wits about It
11 And True Liberalism Celebrates a Life Beyond Wealth
Part II Enrichment Didn’t Come for the Reasons You Imagine
12 Liberal Ideas, Not European Horrors or Heroism, Explain the Great Enrichment
13 Liberalism Supported Innovism and the Profit Test
14 The Great Enrichment Did Not Come from Resources or Railways or Property Rights
15 Nor Thrift or “Capitalism”
16 Schooling and Science Were Not the Fairy Dust
17 It Wasn’t Imperialism
18 Nor Slavery
19 Nor Wage Slavery Ended by Unions and Regulation
Part III It Came Because Ideas, Ethics, Rhetoric, and Ideology Changed
20 The Talk and the Deals Changed in Northwestern Europe
21 That Is, Ethics and Rhetoric Changed
22 “Honest” Shows the Change
23 And “Happiness” Itself Changed
24 The Change in Valuation Showed in English Plays, Poems, and Novels
Part IV The Causes of the Causes Were Not Racial or Ancient
25 Happy Accidents Led to the Revaluation
26 And Then Old Adam Smith Revealed / The Virtues of the Bourgeois Deal
Acknowledgments
Notes
Index
