“A Neo-Institutionalism of Measurement, Without Measurement: A Comment on Douglas Allen's The Institutional Revolution” is Deirdre McCloskey’s contribution to a symposium that will appear in a future issue of the Review of Austrian Economics.
"Allen does yeoman work in explaining some of the peculiarities of British public administration, such as the reliance on aristocratic honor and on the prize system in naval warfare. But he attributes to public administration an implausible effect on private incomes. The merging of power and plenty is mistaken.â€
In Investigaciones de Historia EconÃ³mica – Economic History Research 9(1), February 2013.
“Boldizzoni’s attack on cliometrics is unpersuasive, in part because he does not grasp economics and its uses, in part because he admires uncritically the German Historical School and their modern descendants, the French Annalistes…”
Sanjeev Sabhlok, Revolutionary Blog, September 7, 2012
“I give priority to economists who can explain the real world and whose work helps me offer REAL solutions. Or those who challenge shoddy thinking.”
From Sanjeev Sabhlok’s blog entry on Deirdre, July 18, 2012:
“I've been reading up Deirdre McCloskey quite furiously now in my spare moments, and loving every minute of it.”
“Europe: A Political Crisis Not for Economists to Solve”
Kelly Evans. CNBC, 27 May 2012.
“To quote Deirdre McCloskey, herself an economist, modern economics “is the science of Prudence-Only, setting the other virtues [like justice, temperance, and fortitude] aside.” Prudence, in other words, is useful — but to a point. With regards to Europe’s political crisis, we have long since reached that.”
In “Jealousy as a driver of innovation and growth! There's some merit in this idea” (14 July 2012), Sanjeev Sabhlok says:
I chanced upon a very provocative hypothesis by Deirdre McCloskey who suggests that the roots of modernisation can be traced to the Dutch revolt of 1568 against Spain. But more generally, it is the jealousy that people feel about others (including other nations) that motivates economic growth. The desire to keep up with (or rather, outdo) the Joneses is a great movitator.
See “On pleasure, happiness, and that thing called ‘better off’,” Michael Miner for The Chicago Reader, 18 June 2012.
In answer to “Are you happier than you were four years ago?” Miner says, “happiness cannot be measured and barely be pondered.
“If you don’t know that already, you will once you’ve read Deirdre McCloskey’s long essay, ‘Happyism,’ in the June 28 New Republic. McCloskey’s subtitle is ‘The creepy new economics of pleasure,’ and her subject is the movement of psychologists and economists to equate happiness with pleasure and come up with tools for quantifying it.”
Excerted from The Economist‘s “Returns fit for King’s,” Jun 22, 2012:
“IF YOU’RE so smart, why aren't you rich? That question (which Deirdre McCloskey calls The American Question) exasperates most economists, who model markets better than they play them. One possible exception is John Maynard Keynes, who has always had a reputation as a star-performing investor.”