Deirdre McCloskey discusses classical liberalism and pushes for a move towards innovism over capitalism.
00:00 What is the goal of humanomics?
02:45 How much rationality can we assume of marketing agents?
05:17 How do we structure our economy?
07:07 Has the pandemic affected our consideration of the economy?
09:33 Liberals vs libertarians
11:14 Are liberals “floating above” the ideological spectrum?
15:52 Innovism over capitalism
Economics is complex. Join Deirdre McCloskey as she cuts through ideology and provides some much needed clarity on the role of the state in the economy. McCloskey sheds light on the origins of classical liberalism, where her fellow liberals have gone wrong and argues for a new alternative to 'capitalism'.
Deirdre Nansen McCloskey is Distinguished Professor Emerita of Economics and of History at the University of Illinois. She has written 24 books, and is well known for her 2019 Why Liberalism Works: How True Liberal Values Produce a Freer, More Equal, Prosperous World for All , and her massive economic, historical, and literary trilogy The Bourgeois Era.
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