Wednesday, October 6, 2010

Current CATO Discussion

This month's CATO - Bourgeois Dignity: A Revolution in Rhetoric - dicussion looks to be intriguing.

Deirdre McCloskey kicked it off on Oct. 4 -

A big change in the common opinion about markets and innovation, I claim, caused the Industrial Revolution, and then the modern world. The change occurred during the seventeenth and eighteenth centuries in northwestern Europe. More or less suddenly the Dutch and British and then the Americans and the French began talking about the middle class, high or low — the “bourgeoisie” — as though it were dignified and free. The result was modern economic growth.


Replies are scheduled by Greg Clark, Matt Ridley and Jonathan Feinstein so this should be outstanding.


It had motivated me to read Capitalism, Democracy and Ralph's Pretty Good Grocery Store.

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