Deirdre McCloskey on Adam Smith
03 Jan 2019 Leave a comment
in Adam Smith, applied price theory, comparative institutional analysis, history of economic thought, law and economics, Public Choice Tags: Deidre McCloskey
What Caused The Economic Boom of Wealth?
11 Sep 2016 Leave a comment
in development economics, economic history Tags: Deidre McCloskey, The Great Enrichment
The Bourgeois Era (with Deirdre McCloskey)
10 Jun 2016 Leave a comment
in economic history, economics, history of economic thought, liberalism, libertarianism Tags: Deidre McCloskey
Why does 1% of history have 99% of the wealth?
07 Jul 2015 Leave a comment
in applied price theory, applied welfare economics, comparative institutional analysis, economic growth, economic history, liberalism Tags: Deidre McCloskey, The Great Enrichment, The Great Escape, The Great Fact
The last word on Piketty: Deirdre McCloskey, John McTernan, Chris Giles Panel
29 Nov 2014 Leave a comment
in applied price theory, applied welfare economics, poverty and inequality Tags: Deidre McCloskey, Piketty
Does socialism deserve another chance?
22 Jul 2014 Leave a comment
in comparative institutional analysis Tags: Deidre McCloskey, The Great Enrichment, The Great Fact

…very many normal people of leftish views, even after communism, even after numerous disastrous experiments in central planning, even after trying to get a train ride from Amtrak or service from the Postal Service (not to mention service from the Internal Revenue Service or from the Immigration and Naturalization Service; you see I wax indignant: I am, after all, a free-market economist), think Socialism Deserves a Chance.
They think it obvious that socialism is after all fairer than unfettered capitalism. They think it obvious that regulation is after all necessary to restrain monopoly.
They don’t realize that free markets have partially broken down inequality (for example, between men and women; “partially,” I said) and partially undermined monopolies (for example, local monopolies in retailing) and have increased the income of the poor over two centuries by a factor of 18.



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