View “A Profession at Sea” in its entirety at Johan Fourie’s blog, 15 February 2012. We need, as Deirdre McCloskey eloquently argues at the end of her most recent book (Bourgeois Dignity), ‘a more idea-oriented economics… For such a humanistic science of economics … the methods of the human sciences would become as scientifically relevant (more…)
The “quotation of the day” by DON BOUDREAUX, 17 March 2012 is from page 265 of Deirdre McCloskey’s 2010 Bourgeois Dignity; “here, Deirdre is referring to the remarkable increase, over the past couple of centuries, in the productivity of bourgeois economies:” Exploiting the workers, to repeat, like overseas imperialism, does not yield enough loot to (more…)
Read “Obama’s dangerous obsession with ‘trickle-down economics’” in full. Original post date: 11 April 2012.
“Among the newer books sure to suffer plenty of similar abuse: Bourgeois Dignity by Deirdre McCloskey” — James PethokoukisMay 9th, 2012
Mr. Pethokoukis, columnist, scholar, and editor of The Enterprise Blog, is referring to books “that have most influenced me throughout my life; they’re the most beat-up looking ones, having been read and referred to countless times.” View original column in The Enterprise Blog, 8 May 2012.
The following entry is from Cafe Hayek, 29 April 2012: During the 1930s and early 1940s the prospect of diminishing returns deeply alarmed economists such as the British economist John Maynard Keynes and the American follower of Keynes at Minnesota and Harvard, Alvin Hansen. They believed that the technology of electricity and the automobile were (more…)
“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 (more…)
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