Deirdre McCloskey: What are the biggest misunderstandings about capitalism? | VIEWPOINT

Описание: What are the biggest misunderstandings about capitalism? Deirdre McCloskey, professor at the University of Illinois at Chicago, argues that contrary to common belief, it's not the amount of capital that has been amassed which sets the last two centuries apart, but rather the explosion of innovation—which in turn has made the capital investment worth it.

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