Deirdre Nansen McCloskey is the Distinguished Professor of Economics, History, and English at the University of Illinois at Chicago. Her books include The Bourgeois Virtues: Ethics for an Age of Commerce; Bourgeois Equality: How Ideas, Not Capital or Institutions, Enriched the World; Bourgeois Dignity: Why Economics Can't Explain the Modern World; Economical Writing; and Crossing: A Memoir, all also published by the University of Chicago Press. Art Carden is associate professor of economics at the Brock School of Business at Samford University.
Read this book and learn why you must know the truth, what truth you need to know, and why the freedom it brings has made almost everyone better off than their parents and grandparents. --Vernon L. Smith, Chapman University and 2002 Nobel Laureate in Economics If you are feeling down about the state of the world or pessimistic about its prospects then this is the book to cheer you up. Carden and McCloskey show how much off everyone is today compared to everyone who lived before, and how this is explained not bye the usual suspects such as institutions, or capitalism or the profits of slavery and colonialism, or the exploitation of natural resources, but simply by the practice of liberty, letting people be and allowing them to do their thing (and, crucially, to innovate). They also show how fashionable pessimism about the future is wrong in all its modish variants--as it has been since 1798. This is a work for economists, historians, and anyone who wants to understand why the world has become so much better for human beings in the last two hundred and fifty years and is set to continue doing so. --Stephen Davies, Institute of Economic Affairs