November 8, 2018
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55:45Now PlayingDeirdre McCloskey's recently completed trilogy on the "Bourgeois Era" argues that ideas and attitudes, not institutions or utility maximizing agents, led to a tremendous increase in human betterment over the last 250 years. Before the innovations and the inventions that would change the world came a paradigm shift in the way people started thinking about entrepreneurs, innovators, craftsman, and lenders. In this interview, we will discuss the history of economic ideas from Shakespeare to modern times, the importance of dignity and liberty, observations from a recent visit to Chile, what the sources of and impediments to prosperity are, and why we should be optimistic about the future of economic growth.
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