Deirdre McCloskey on What Really Caused the Industrial Revolution

Will you be in Washington, D.C. on Wednesday July 15? I will be interviewing Francis Fukuyama about how liberalism should respond to the postliberal threat. Find out more and get your free ticket here! —Yascha Yascha Mounk and Deirdre McCloskey discuss why ideas, not capital accumulation, made the modern world rich. Deirdre Nansen McCloskey, sometimes described as “the conscience of economics,” holds the Isaiah Berlin Chair in Liberal Thought at the Cato Institute in Washington, D.C. In this week's conversation, Yascha Mounk and Deirdre McCloskey discuss why liberalism drives economic growth, how the gradual erosion of inherited hierarchy unleashed centur...