Quotation of the Day…

by Don Boudreaux on November 29, 2016

in Growth, Innovation, Myths and Fallacies, Work

… is from page 498 of the final (2016) volume – Bourgeois Equality – of Deirdre McCloskey‘s brilliant trilogy on the essence of bourgeois values, on their transmission, and on their essential role in modern life:

imagesThe work we do will be more and more about decisions and persuading others to agree, changing minds, and less and less about implementation by hand.  The reason so many intelligent economists have feared technological unemployment is that they do not put persuasion in the national product.  But the economy does.


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