Bourgeois equality
by Deirdre N. McCloskey · first published 2016
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"There's little doubt that most humans today are better off than their forebears. Stunningly so, the economist and historian Deirdre McCloskey argues in the concluding volume of her trilogy celebrating the oft-derided virtues of the bourgeoisie. The poorest of humanity, McCloskey shows, will soon be joining the comparative riches of Japan and Sweden and Botswana. Why? Most economists--from Adam Smith and Karl Marx to Thomas Piketty--say the Great Enrichment since 1800 came from accumulated capital. McCloskey disagrees, fiercely. "Our riches," she argues, "were made not by piling brick on brick
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…and the existence of liquid water. Oxygen is necessary for a fire. Yet it would be unhelpful to explain the Chicago Fire of October 8–10, 1871, by the presence of oxygen in the earth's atmosphere. [1] "Bourgeois Equality", Deirdre McCloskey, https://reason.com/archives/2016/05/12/bourgeois-equality
on “Alvin Toffler, Author of ‘Future Shock,’ Dies at 87” ↗…course these things are not one-way. Technology affects beliefs and institutions. But other things do, too, and McCloskey thinks the other things are at least equally as important. [1] McCloskey D., Bourgeois Equality.
on “Robots that can walk are now striding to market” ↗