Policy Forum

How Markets and Innovation Became Ethical and Then Suspect

June 20, 2013 12:00 PM to 1:30 PM EDT

Hayek Auditorium

Featuring Deirdre N. McCloskey, Distinguished Professor of Economics, History, English, and Communication, University of Illinois at Chicago, Author, The Bourgeois Virtues and Bourgeois Dignity; with comments by Donald J. Boudreaux, Professor of Economics, George Mason University; moderated by Dalibor Rohac, Policy Analyst, Center for Global Liberty and Prosperity, Cato Institute.

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The rise of the West can be understood only as a result of an ideological change that occurred in England in the 17th century and of the emergence of a “bourgeois deal” through which entrepreneurs were let free to engage in innovation and creative destruction, so argues Deirdre McCloskey in her forthcoming book, The Treasured Bourgeoisie: How Markets and Innovation Became Ethical, 1600–1848, and Then Suspect. Please join us for a discussion that will link culture, ethics and rhetoric with entrepreneurship and economic development.