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The conceit of the article -- borne out by economic history -- is exactly that: it's the reduction of efforts to centrally plan, and the rise of entrepreneurial
by malchow 11y ago
The conceit of the article -- borne out by economic history -- is exactly that: it's the reduction of efforts to centrally plan, and the rise of entrepreneurial, capitalistic efforts to advance, that has reduced poverty. [1] [2]
[1] https://www.timeshighereducation.com/news/deirdre-mccloskey-ideas-not-capital-are-root-cause-development https://www.timeshighereducation.com/news/deirdre-mccloskey-...
[2] https://ricochet.com/perhaps-the-most-powerful-defense-of-market-capitalism-you-will-ever-read/ https://ricochet.com/perhaps-the-most-powerful-defense-of-ma...
- Steko 11y agoThe article is actually fairly silent on the reasons so read into it what you will. If anything the author is endorsing his friend's book without giving away the thesis and if the link is accurate it covers a wide range of factors. As for Deirdre McCloskey, as Noah Smith says,"do not believe things that Deirdre McCloskey says just because she says them." http://noahpinionblog.blogspot.com/2015/06/deirdre-mccloskey-says-things.html http://noahpinionblog.blogspot.com/2015/06/deirdre-mccloskey...