Deirdre McCloskey on Bourgeois Dignity

In this archived episode of the Hayek Program Podcast, Distinguished Affiliated Fellow Deirdre McCloskey considers the insights and findings of her book Bourgeois Dignity: Why Economics Can't Explain the Modern World in a presentation hosted by the George Mason University Economics Society. Listen as McCloskey details the 17th and 18th-century rise of capitalism and how economic change depends less on foreign trade, investment, or material causes, and more on ideas and what people believe.