The Future of Capitalism: Deirdre McCloskey Presents SCEPA's 2012 Annual Robert Heilbroner Memorial Lecture

New York, NY

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SCEPA's 2012 Annual Robert Heilbroner Memorial Lecture on the Future of Capitalism will be given by Deirdre N. McCloskey, Distinguished Professor of Economics, History, English, and Communication at the University of Illinois at Chicago. 

In a lecture titled, "The Treasured Bourgeoisie: How Innovation Became Ethical, 1600-1848," McCloskey will argue that a change in attitude towards the bourgeoisie and its innovations made the modern world. In the third volume in her four-volume treatise on The Bourgeois Era, she documents the Bourgeois Revaluation from Shakespeare to early Dickens.

A well-known economist, historian and rhetorician, McCloskey has written sixteen books and around 400 scholarly pieces on topics ranging from technical economics and statistics to transgender advocacy and the ethics of the bourgeois virtues. Her latest book, Bourgeois Dignity: Why Economics Can't Explain the Modern World (University of Chicago Press, 2010), is the second in a series of four on The Bourgeois Era. With Stephen Ziliak she wrote in 2008, The Cult of Statistical Significance (2008), which criticizes the proliferation of tests of "significance."

Robert Heilbroner Memorial Lecture on the Future of Capitalism
This event honors the life and work of a Robert Heilbroner. In 1963, Robert Heilbroner earned a Ph.D. in Economics from the New School for Social Research, where he was subsequently appointed Norman Thomas Professor of Economics in 1971. He taught at The New School for the next 20 years. Each year, SCEPA hosts a lecture by a distinguished scholar on long-term economic trends to honor Heilbroner's life work.

This annual lecture is used to gain a greater understanding of questions of economic justice and how the profit-seeking activities of private firms might also serve broader social goals. To use his words, "capitalism's uniqueness in history lies in its continuously self-generated change, but it is this very dynamism that is the system's chief enemy."

The event features a distinguished, scholarly talk on long-term economic trends. Past speakers include John Eatwell, Nancy Folbre, James K. Galbraith, Sanford Jacoby, William Lazonick, and Stephen Marglin.