Historical economist on the downfall of liberalism | Deirdre McCloskey

Deirdre McCloskey discusses classical liberalism and pushes for a move towards innovism over capitalism. 00:00 What is the goal of humanomics? 02:45 How much rationality can we assume of marketing agents? 05:17 How do we structure our economy? 07:07 Has the pandemic affected our consideration of the economy? 09:33 Liberals vs libertarians 11:14 Are liberals “floating above” the ideological spectrum? 15:52 Innovism over capitalism Catch more economy content at https://iai.tv?utm_source=YouTube&utm_medium=description Economics is complex. Join Deirdre McCloskey as she cuts through ideology and provides some much needed clarity on the role of the state in the economy. McCloskey sheds light on the origins of classical liberalism, where her fellow liberals have gone wrong and argues for a new alternative to 'capitalism'. #DeirdreMcCloskey #TheDownfallOfLiberals #AdamSmith Deirdre Nansen McCloskey is Distinguished Professor Emerita of Economics and of History at the University of Illinois. She has written 24 books, and is well known for her 2019 Why Liberalism Works: How True Liberal Values Produce a Freer, More Equal, Prosperous World for All , and her massive economic, historical, and literary trilogy The Bourgeois Era. To discover more talks, debates, interviews and academies with the world's leading speakers visit https://iai.tv/subscribe?utm_source=YouTube&utm_medium=description&utm_campaign=deirdre-studio The Institute of Art and Ideas features videos and articles from cutting edge thinkers discussing the ideas that are shaping the world, from metaphysics to string theory, technology to democracy, aesthetics to genetics. Subscribe today! For debates and talks: https://iai.tv For articles: https://iai.tv/articles For courses: https://iai.tv/iai-academy/courses