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“…as I’ve come under the influence of Deirdre McCloskey in the last seven or eight years I’ve come to realize that there are a lot of unrealized gains from trade to be enjoyed through multi-disciplinary conversation.”

January 29th, 2010

Excerpted from Art Carden in “A New Addition to the Bookshelf” in Division of Labor, 25 January 2010 (original link). My copy of Literature and the Economics of Liberty: Spontaneous Order in Culture just arrived … . I’m really looking forward to it; as I’ve come under the influence of Deirdre McCloskey in the last (more…)

“I am a big fan of Deirdre McCloskey. One of the things she’s always carrying on about is ‘How big is big?’ “

February 27th, 2010

The excerpt above is from a post called “Oomph” on Catallaxy Files. It continues with an interpretation: She argues that in much empirical analysis that people confuse statistical significance with substantive significance. In a play on words, she describes this as being the standard error of empirical analysis. For readers who are not statistically literate (more…)

Bourgeois Dignity’s “Creative Language, Creative Destruction, Creative Politics” sparks a new conversation

March 11th, 2010

Abstract from Gustavo Morles’s (28 Feb. 2010 draft version of) “The Rhetoric of Economics: Why Words are Important”: By looking at historical evidence McCloskey concludes that the great transformation of the Industrial Revolution was made possible by the change in attitudes, reflected ultimately in the change in rhetoric, towards bourgeois values. This paper explores the (more…)


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