A number of theories and hypotheses put forward by many scholars through the years attempt to explain the sudden and phenomenal rise in prosperity in Europe in the 1800s. None of these, however, provide an adequate explanation of “The Great Fact” – what Professor Deirdre McCloskey defines as the colossal increase in mankind’s standard of living over 200 years ago. Prof. McCloskey, author of “Bourgeois Dignity: Why economics can’t explain the modern world” posits a different explanation; an important aspect of history that had been overlooked until now- The Bourgeois Revaluation.
The talk + Q&A hosted by Night Watchman Society with Prof. Deirdre McCloskey will delve into how and why explosive economic growth depends more on social attitude and opinion rather than new markets or innovations.
About the speaker
Deirdre Nansen McCloskey is Distinguished Professor Emerita of Economics and of History, Emerita, and Professor Emerita of English and of Communication, at the University of Illinois at Chicago. Trained at Harvard in the 1960s as an economist, she has written twenty-five books and around four hundred academic articles on economic theory, political theory, economic history, philosophy, rhetoric, statistical theory, feminism, ethics, and law. Her books and articles have been translated into a dozen languages, from Swedish to Chinese.