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The West’s “embrace of economic freedom and creative destruction, both legally and culturally — what economist Deirdre McCloskey calls the idea of bourgeois dignity and liberty — led to a rise in real income per head in 2010 prices from about $2-3 a day in 1800 worldwide to over $100 today.”

June 16th, 2012

“Everything you need to know about the power of economic freedom in 3 charts“ By James Pethokoukis, The American, 18 February 2012

James Pethokoukis on Bourgeois Dignity: “Romney is right. Culture is why Israel and the West are rich”

August 3rd, 2012

James Pethokoukis’s post in AEIdeas, 3 August 2012: Mitt Romney supposedly made an economic blunder in Israel the other day by saying that “if you could learn anything from the economic history of the world it’s this: Culture makes all the difference.” In Romney’s view, it’s culture that explains why Israelis are rich and the (more…)


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