How Western Wealth Was Made

September 8, 2014 – This episode of The Tom Woods Show takes on a question that has puzzled historians for many years: How did the West become so rich? Listen above for the full episode!

Deirdre McCloskey, author of most recently “The Bourgeois Virtues” and “Bourgeois Dignity”, explains happened in the West that allowed the explosion of wealth to take place. “It’s ideological. It’s ideas. It’s changes in attitudes toward the economy and toward the middle class in particular,” McCloskey said.

Do you agree with McCloskey’s analysis of how the West became so reach?