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The Bourgeois Virtues: Ethics for an Age of Commerce

The Bourgeois Virtues: Ethics for an Age of Commerce

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the myth <strong>of</strong> modern rationality 441P, too. Add it to the equation. But Schultz did not ignore the S variables. <strong>The</strong>education <strong>of</strong> women, he argued <strong>for</strong>cefully, was crucial in making Prudencework, <strong>an</strong>d the education would depend on overcoming sacred patriarchalobjections to literate women. He got the evidence.M<strong>an</strong>y economists go through a Bildung <strong>of</strong> this sort, starting in graduateschool as P-Only guys—the guys more th<strong>an</strong> the gals, since most <strong>of</strong> the galshad this figured out sometime be<strong>for</strong>e age eight—<strong>an</strong>d coming by age fifty orso to realize that, after all, people are in fact motivated by more th<strong>an</strong> Prudence.I did, <strong>for</strong> one. And Robert Fogel (born 1926; Nobel 1993) started inhis youth, like me, as a P-Only Marxist, then became, like me, a P-Onlyeconomist, <strong>an</strong>d finally discovered, like me, the <strong>for</strong>ce <strong>of</strong> religion in economicbehavior. Even Gary Becker (born 1930; Nobel 1992) shows signs <strong>of</strong> such adevelopment, in seeing that bourgeois virtues are not a betrayal <strong>of</strong> the science<strong>of</strong> economics.

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