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How the World Got Rich
Townhall.com ^ | May 16, 2021 | Rainer Zitelmann

Posted on 05/16/2021 6:11:54 AM PDT by Kaslin

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To: Kaslin
PS. Just as a factoid, Deirdre McCloskey, the author of this great book, is a wonderful “female” Libertarian economist

Who used to be Donald McCloskey, a wonderful Male Libertarian economist .

Mirabile Dictu!

21 posted on 05/16/2021 7:47:51 AM PDT by BohDaThone ( )
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To: ClearCase_guy

Economic Freedom.


22 posted on 05/16/2021 7:53:22 AM PDT by Basket_of_Deplorables (Convention Of States is our only hope now!)
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To: PeterPrinciple

“Providence or random?”

The thought of relatively hairless apes typing on keyboards comes to mind.

Business is sort of like writing songs - start smart and keep toiling.


23 posted on 05/16/2021 7:57:18 AM PDT by Brian Griffin
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To: BohDaThone

“teaching generations of leading economists Chicago Price Theory, a course which culminated in her book ‘The Applied Theory of Price’.”

“McCloskey argued that the bourgeoisie, contrary to its self-advertised faith in prudence only, believes in all seven virtues.”

“she made the decision to transition from male to female in 1995”

“McCloskey has described herself as a ‘literary, quantitative, postmodern, free-market, progressive Episcopalian, Midwestern woman from Boston who was once a man. Not ‘conservative’! I’m a Christian Classical Liberal.’”

https://en.wikipedia.org/wiki/Deirdre_McCloskey

[Major] Publications
Why liberalism works: how true liberal values produce a freer, more equal, prosperous world for all (2019), Yale University Press. ISBN 978-0300235081
Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World (April 2016), University of Chicago Press. ISBN 978-0226333991
Bourgeois Dignity: Why Economics Can’t Explain the Modern World (November 2010), University of Chicago Press. ISBN 978-0226556659
The Cult of Statistical Significance: How the Standard Error Costs Us Jobs, Justice, and Lives (January 2008), University of Michigan Press (with Stephen T. Ziliak). ISBN 978-0472050079
The Bourgeois Virtues : Ethics for an Age of Commerce (June 2006), University of Chicago Press. ISBN 978-0226556635
The Economic Conversation (2008) (with Arjo Klamer and Stephen Ziliak) ISBN 978-0230506800
The Secret Sins of Economics (August 2002), University of Chicago Press. ISBN 978-0971757530
Crossing: A Memoir (September 1999). New edition University of Chicago Press, 2000, ISBN 978-0226556697
Measurement and Meaning in Economics: The Essential Deirdre McCloskey (1999) (edited by Stephen Ziliak) ISBN 978-1852788186
The Vices of Economists, the Virtues of the Bourgeoisie (1996) ISBN 978-9053562444
Knowledge and Persuasion in Economics (1994), Cambridge University Press. ISBN 978-0521436038
Second Thoughts: Myths and Morals of U.S. Economic History (1993) (edited) ISBN 978-0195101188
A Bibliography of Historical Economics to 1980 (1990) ISBN 978-0521153850
If You’re So Smart: The Narrative of Economic Expertise (1990) ISBN 978-0226556710
The Consequences of Economic Rhetoric (1988) ISBN 978-0521342865
The Writing of Economics (1987) reprinted as Economical Writing (2000) ISBN 978-1577660637
Econometric History (1987) ISBN 978-0333213711
The Rhetoric of the Human Sciences: Language and Argument in Scholarship and Public Affairs (1987) ISBN 978-0299110246
The Rhetoric of Economics (1985 & 1998) ISBN 978-0299158149
The Applied Theory of Price (1982 & 1985) ISBN 978-0023785207
Enterprise and Trade in Victorian Britain: Essays in Historical Economics (1981) ISBN 978-0415313056
Economic Maturity and Entrepreneurial Decline: British Iron & Steel, 1870–1913 (1973) ISBN 978-0674428478
Essays on a Mature Economy: Britain after 1840 (1971) ISBN 978-0691051987


24 posted on 05/16/2021 8:06:24 AM PDT by Brian Griffin
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To: Brian Griffin

“After Pope Gregory I released his list of seven deadly sins in AD 590, the seven virtues became identified as chastity, temperance, charity, diligence, patience, kindness, and humility.

“Practicing them is said to protect one against temptation from the seven deadly sins[Lust, Gluttony, Greed, Sloth, Wrath, Envy, Pride].”

https://en.wikipedia.org/wiki/Seven_virtues


25 posted on 05/16/2021 8:12:20 AM PDT by Brian Griffin
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To: econjack

“The gov’t ‘produces’ nothing.”

It can produce infrastructure and education, transportation and security services.

Government service production is going down in quality and up in price since the consumer feedback mechanisms are defective.


26 posted on 05/16/2021 8:20:11 AM PDT by Brian Griffin
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To: Brian Griffin
No, it doesn't produce those. It hires companies/institutions to produce those things. It takes money via income taxes to pay for the US road system and a standing military and local property taxes pay for the bulk of public education. Private education requires you to pay directly, public education forces you to buy it whether you use it or not.

The worst outcome of this: There is no reason to be efficient. If I were President, I would issue an Executive Order at a Press conference saying:

Effective immediately, all gov't agencies with the exception the military, have their budgets reduced by ten percent. I expect the administrators of those agencies to provide their goods and services at the same or higher levels than currently exists. Those who cannot do this will be replaced by those who can.

Have a nice day.

While there would be a massive kerfuffle, I think the objective is realistic.

27 posted on 05/16/2021 8:31:44 AM PDT by econjack
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To: Kaslin

2 people trade goods. Each is happy. Trade expands. Everyone doing good then the parasites appear (gov’t) and they want a cut for nothing and some for their friends.


28 posted on 05/16/2021 1:54:26 PM PDT by minnesota_bound (I need more money. )
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