Show or hide comments about the document.
Search over the document's text.
Share the document through social networks or e-mail.
After selecting an area on the page.
...you can:
copy the text
share the segment
comment
cite the document

Winter 2017

ISSN 0890-913X

Volume 32, Number 4

Categories: Winter 2017 | Economic history

"Who Raised the Boats?” or Why Deirdre McCloskey Has to Be Right

Hans L. Eicholz, Liberty Fund

Download

e-mail

<< Back to editing
Previous version by
<< Older
Newer >>
Revert to this one

Edit
Cancel
Fullscreen

Show comments
Zoom:
Page: / 12

Line spacing:
Word spacing:

Search:FindClose

search results

TheJournalofPrivateEnterprise32(4),2017,71–82“WhoRaisedtheBoats?”orWhyDeirdreMcCloskeyHastoBeRightHansL.EicholzLibertyFund______________________________________________________AbstractIassessDeirdreMcCloskey’sthreevolumesonthebourgeoisrevaluationandthemakingofthemodernworld,situatinghercontributionwithinabroaderhistoricalconcernforideasandcontext.Inthisregard,sheisstillseentobemakinganessentiallyWeberianargumentthatrevivesaspectsofanearlierGermanhistoricisttradition,butinafashionthatremainsconsistentwithanAustrianunderstandingofeconomicprocessesandpurposefulness.Ifindthatshehasnotsomuchrefutedtheimportanceofinstitutions,technology,andscienceasplacedeachinitspropercausalrelationship.______________________________________________________JELCodes:B2,B3,B4,H1,L2,Z1Keywords:Austrianschool,Germanhistoricalschool,LudwigLachmann,CarlMenger,DeirdreMcCloskey,LudwigvonMises,Methodenstreit,Reformation,GustavSchmoller,MaxWeberI.History,Economics,andCausalityHistoriansandsocialscientistsgoingbackwelloveracenturyhaveattemptedtoanswertheriddleoftheoriginsofthemoderncapitalistworld.Inthinkingaboutthisquestion,Ifindithelpfultoreturntobasics,andforthispurpose,Iespeciallylikechildren’sbookauthorPamelaAllen’smodernparable,WhoSanktheBoat?(1982)Inthisparticularcase,wemightbetterask,whoraisedtheboats?Butthepointfits.Asthestorygoes,agroupofanimalfriendsdecidestotakeaboatride.Eachdisplacesmoreandmorewateruntilfinally,theverylastwould-bepassenger,thesmallestandlightestofthemall,ameremouse,pressesthecraftintothedrink.Thestoryendswiththewryobservation,“Andnowyouknowwhosanktheboat.”But,ofcourse,thatisnotquiteso.Explainingtheoriginsofthemoderncapitalistworldaffordsaperfectlyanalogouscase.Whatarethenecessary,proximate,and

GLIFOS-digital_archive

Metadata [hide]

Title	"Who Raised the Boats?” or Why Deirdre McCloskey Has to Be Right
Authors/Creators:	Hans L. Eicholz, Liberty Fund
Year:	2017
Volume:	32
Number:	4
Pages:	71 - 82
Publisher:	The Association of Private Enterprise Education
ISSN:	0890-913X
Document Type:	Articles
Keywords:	Austrian school, German historical school, Ludwig Lachmann, Carl Menger, Deirdre McCloskey, Ludwig von Mises, Methodenstreit, Reformation, Gustav Schmoller, Max Weber

Citation:
Eicholz, Hans L. / 2017. ""Who Raised the Boats?” or Why Deirdre McCloskey Has to Be Right." The Journal of Private Enterprise, 32(4): 71-82.