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Quotation of the Day…

… is from page 59 of the manuscript of Deirdre McCloskey‘s forthcoming volume, The Treasured Bourgeoisie:

Rhetoric matters just as much in the assaults on economic or political liberty as it does in their defense.  The aristocracy or the country club favors a nationalist rhetoric nurturing military power, and a version of neo-aristocracy, in the name of King and Country.  For a moderate showing of such tendencies in the United States see any Republican Party national convention.  The progressive Christians or the herd of independent minds favors a socialist rhetoric nurturing the leading members of the Party and selected trade unions, in the name of the wretched of the earth.  For a moderate showing of such tendencies in the United States see any Democratic Party convention.

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