Bourgeois Dignity, Russia, and modernization
January 2nd, 2011See “Taking Care of Business,” Craig Pirrong (1 Jan 2011). Excerpt: If there is anything to Deirdre McCloskey’s Bourgeois Dignity hypothesis — and I think there is, although I am not totally convinced — Russia is not fertile soil for modernization because of the widespread hostility towards entrepreneurial -– ”bourgeois” — values and enterprise.

