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Sunday, June 30, 2019

On Deirdre McCloskey’s Postmodern Economics

For Deirdre N. McCloskey postmodernism is not a dirty word—she calls herself a postmodern, minimal-government conservative. In her The Bourgeoisie Virtues: Ethics for an Age of Commerce, she notes that she is in favor of postmodernism in economics: "“Postmodernism” does not mean what you may have gathered from the outrage of conservative cultural journalists. It means merely dropping the artificialities of high modernism, and in particular dropping the fact-value split in its cruder forms and the established church of social engineering." She agrees with the postmodern thinker Richard Rorty on several issues and is appreciative of his 1985 thesis on “postmodern bourgeois liberalism”: "But if I had to be principled I would reach back before the French Enlightenment, or back into the Scottish Enlightenment, and offer a fourth justification for the free society, namely, that it leads to and depends on flourishing human lives of virtue. My so-called principle shares some features with the “postmodernist bourgeois liberalism” of Richard Rorty, or the “agonistic liberalism” of Isaiah Berlin…"

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