Ep 322: Global Wealth & The Bourgeois Deal, with Art Carden

In this episode, Doug Stuart welcomes professor Art Carden to the show to discuss his book "Leave Me Alone and I'll Make You Rich: How the Bourgeois Deal Enriched the World." Co-authored by author Deidre McCloskey, the book looks at the history of the bourgeoisie and details the economic impact on global wealth. Art picks up on these concepts in his conversation with Doug, explaining in detail topics like "the Bourgeois Deal", "The Great Enrichment," "innovism," and many more. With roots in history, philosophy, economics, politics, culture, etc, this episode truly has something for everyone, so you won't want to miss it.

Art Carden is a professor of economics at Samford University's Brock School of Business. He has worked with and contributed to a number of other organizations, including the American Institute for Economic Research, the Institute for Faith, Work, and Economics, the Beacon Center of Tennessee, the Independent Institute, and the Foundation for Economic Education. He received his PhD from Washington University in Saint Louis.

More information can be found in the "additional resources" section below.

Main Points of Discussion:
00:00    Introduction
03:15    Writing style analysis
04:55    What does "bourgeois" actually mean? 
08:22    The Great Enrichment
10:43    Economic growth and the rule of 70
12:34    What about the poor? 
14:49    Global wealth distribution
15:50    What is liberalism?
19:20    Christians for Liberty Network Plug
20:02    Capitalism vs "innovism" 
23:02    The finer things in life
28:42    Billionaires and special interests
31:15    Salvation from sin: strategies for preaching the gospel
32:17    What is the "Bourgeois deal" and how does it benefit us?
38:02    Art's upcoming book "Strangers with Candy"

Additional Resources:
- Leave Me Alone and I'll Make You Rich: How the Bourgeois Deal Enriched the World
- https://www.amazon.com/Leave-Alone-Ill-Make-Rich/dp/022673966X 
- https://press.uchicago.edu/ucp/books/book/chicago/L/bo61545999.html 
- https://www.goodreads.com/en/book/show/51941581 
- Art's website: https://artcarden.com/ 
- Follow Art on Twitter: @ArtCarden
- More from Art: 
-- https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=508839 
-- https://www.aier.org/people/art-carden/ 
- Our World In Data

Audio Production by Podsworth Media - https://podsworth.com