The New Bazaar The moral consequences of economic growth, revisited
Benjamin Friedman is an economist and the author of The Moral Consequences of Economic Growth (2005) and Religion and the Rise of Capitalism (2021).
He joins Cardiff to revisit the ideas in Moral Consequences, one of Cardiff’s favorite economics books, which argues that sustained economic growth not only leads to higher living standards but also can make a society more virtuous. They also talk about all that’s happened in the time since the book was published, the events that confirm or complicate its arguments, and the relationship between economic growth and issues like inequality, social mobility, and the environment.
Finally, Ben shares with Cardiff the main themes in Religion and the Rise of Capitalism—and why our thinking about the economy remains influenced by religious schisms that date all the way back to the 16th and 17th centuries.
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