Deirdre McCloskey on Bourgeois Dignity

In this archived episode of the Hayek Program Podcast, Distinguished Affiliated Fellow Deirdre McCloskey considers the insights and findings of her book "Bourgeois Dignity: Why Economics Can't Explain the Modern World" in a presentation hosted by the George Mason University Economics Society. Listen as McCloskey details the 17th and 18th century rise of capitalism and how economic change depends less on foreign trade, investment, or material causes, and more on ideas and what people believe. CC Music: Twisterium

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The Hayek Program Podcast includes audio from lectures, interviews, and discussions of scholars and visitors from the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University. The F. A. Hayek Program is devoted to the promotion of teaching and research on the institutional arrangements that are suitable for the support of free and prosperous societies. Implicit in this statement is the presumption that those arrangements are to some extent open to conscious selection, as well as the appreciation that the type of arrangements that are selected within a society can influence significantly the economic, political, and moral character of that society.