ORIGINAL SOURCE: Magic Blue Smoke. Posted 4 Sep. 2011.
The combination of longer and richer lives is historically unique. It is one reason that liberalism has spread. There are by now many more adults living long enough lives sufficiently free from desperation to have some political interests. The theory that desperation leads to good revolution is of course mistaken, or else our freedoms would have emerged from the serfs of Russia or the peasants of China, not from the bourgeoisie of northwestern Europe, as they in fact did. Material wealth can yield political or artistic wealth. It doesn't have to; but it can. And it often has. What emerged from Russia and China, remember were the antibourgeois nightmares of Stalin and Mao.
If “some economist claims he can be prudent on your behalf [it] is not something you should believe if such knowledge could make him rich, and as an adult it's not something you should stand for. You are not being made ‘free’ by being manipulated by the government.”
Original source: Don Boudreaux at Cafe Hayek, 2 Sep. 2011.
Steve Horwitz talks about bourgeois virtues in a consumer context. See “The Bourgeois Virtues and Consumer Ethics,” The Calling, published by the Foundation for Economic Education, 5 August 2011.
“Quotation of the Day by Don Boudreaux [June 26, 2011, Cafe Hayek] is from page 20 of Deirdre McCloskey's 2002 monograph The Secret Sins of Economics:
It's amazing that most professors and journalists since about 1900 have not even heard of the arguments against turning the economy over to police and jailers and bureaucrats, and are scandalized when some boorish Chicago-School economist comes along and suggests that pot should be legalized and national borders opened and government schools made to compete with each other [original emphasis].
- Kinsella’s entry and the interviews (posted 16 June 2011).
- Deirdre’s recently updated books page.
See article in Before It’s News (15 March 2011) concerning a response to “The Happynomics of Life” by Roger Cohen (New York Times, 13 March 2011)
Quote is in reference to McCloskey’s Bourgeois Virtues and Bourgeois Dignity.
Read more at “Markets as Public Goods, Part II” in The Unbroken Window blog by economist Michael Rizzo, 8 March 2011.