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: LawPundit

The American Economy: It's All in the Mind: Attitudes in USA Comparable to British Disease: Practical Empire Building forsaken for Genteel Pursuits

By Andis Kaulins

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In The Genteel Nation David Brooks at the New York Times draws upon The Enlightened Economy (Yale University Press) by Joel Mokyr of Northwestern University, which argues that the current economic decline is the product of a change in American attitudes similar to the "British disease", where, as "Correlli Barnett chronicled, the great-great-grandchildren of the empire builders withdrew from commerce, tried to rise above practical knowledge and had more genteel attitudes about how to live."

Hat tip to CaryGEE.

Full post as published by LawPundit on September 12, 2010 (boomark / email).

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