1/29/12

There must be some reason I still believe in this stuff

Cultural Conversation: The New Theories of Moral Sentiments - WSJ.com: "By elimination, Ms. McCloskey concludes that culture and rhetoric are the only factors that can account for economic change of the magnitude we have seen in the developed world in past 250 years.

The danger of our era is that the bourgeois deal is slowly crumbling away. It is under attack from the political left and also from economists whose work revolves around one sole virtue—prudence—thus eroding the public understanding of markets and economic life. Looking at the West's current economic woes, it is easy to share Ms. McCloskey's concern that unless we revive a sense of dignity and approbation for entrepreneurship and innovation, we might easily kill the goose that lays the golden eggs of our prosperity."

'via Blog this'


Charles Sanders Peirce - Thinking in Threes

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