Think Freely Media presents Common Sense with Paul Jacob

Deirdre N. McCloskey

Deirdre N. McCloskey

Nor during the Age of Innovation have the poor gotten poorer, as people are always saying. On the contrary, the poor have been the chief beneficiaries of modern capitalism. It is an irrefutable historical finding, obscured by the logical truth that the profits from innovation go in the first act mostly to the bourgeois rich.

Deirdre N. McCloskey, Bourgeois Dignity: Why Economics Can’t Explain the Modern World (2010).

By: Redactor

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