>> to think this is just a community center, no it's way more than that. >> are partnering with a thousand community centers to create wi-fi enabled listing with students with low-income families they can be ready for anything. >> comcast with these television companies support c-span2 as a public service. >> but tb continues now television for serious readers. >> joining us on booktv doctor deidre mccloskey, the author of over 30 books in the economist of illinois at chicago her most recent book veteran human makes what you mean when you say human makes. >> i'm in hopeless economist, i

cannot help it i'm also historian and i taught a professor of english and philosophy and i think the economics should not give up the math or the numbers or anything like that but it should add to it what we can learn i learned a lot every time and it's all hands on deck idea but in order to truly understand you have to understand our whole life in particular not adam smith buth.

his followers knew the field until nows economist think they could do economics by watching people that's okay i'm not against watching people. but watching people does not tell you about the meaning that they will bring to the economic life, what does your job mean to you and what is consumption mean to you you need the important questions which the humanities consider in modern economics does not i am in favor of human ox. >> doctor, in your view what

does shakespeare or mozart add to our understanding of economic life. >> they tell you they tell you why people do things that the simpleminded way of talking about it none of the heroes are middle-class, what are the main characters is the enemy in the title is a fool for love and what you learned from that is that shakespeare's time that did not value the marketplace lit valued kings and queens from the

bow fail in the church not the marketplace and commercial society obviously if you're back in shakespeare's time merchants are considered cheaters and manufactures of making shy bad stuff, we prefer the clean act and you will not have a successfulu economy. there is one thing that you learn from shakespeare what you learned though is deeper you learn about form and they create to the most characteristic

features, he does not repeat a lot what he repeats his variation and that is a lesson in creativity and if there's anything central to a modern economy and obeys them that is innovation. there is a lot to learn as there's a lot to be learned from curiosity keeping your mind open. >> go ahead. >> i can offer more specific technical reasons for wanting to do economics but i think you get

the idea. >> over the years we have talked to you about several of w your books you been able to be several times and you had brought up your episcopalian roots and activities in the past what about your religious life does that play into economics and human i. >> right now i'm working on a book called job enter job and laymen the language of jesus and it is called, the subtitle is a public theology for an aging commerce and it tries to show it's not necessarily enemies, they can be enemies but you can

have it in religion to is not only in the marketplace. an uncorrupted version of these two of the sacred and profane can work together, if you're going to understand an entrepreneur or a worker or a consumer you need to understand involvement with thenv transcendent what is beyond the profane when i was younger i had a mustang and while that made me feel so cool before that i had a spitfire at cheap sports car, oh hey how cool and that we createe

was true for all humans it was not just true for the modern world and the consumerism because humans always have a sacred and profound in mind. >> when it comes to ethics and morality, what is the role that they should play in economics? >> in the? same book i'm working in the philosophy department. all cultures have a confusion of

christians and pagans they all think of virtue in individual virtue,al courage, faith, hope, prudence, justice it is the greatest in on the o other handn the 1700s european philosophers and they try to make up formulas in my opinion they do not work and the chance to come back to a way that is simpler but more complicated system or you use what we know about courage and

look we've been talking about courage since the hebrews died in the masterpieces, we've been thinking about the virtue of courage and a prudence or the virtue of love so using those and instead of trying to work a formula totalitarianism in jeremy benton is another example although it's a foundation of economics and purposes of designing a grant you need cost of benefits, it's not the whole of ethics.

it is not even the whole of ethics in the economy. as we all know foreign office small private organization to work well people have to minimally respect each other and we hope actually love each other, and so to speak of economics and all that matters is maximizing utilities if that's what do you think your colleagues are doing it is not going to work well. they have to have a sense of professionalism and self-respect it is clear from the economy to work it's got a have all the ethical resources of the culture

the human culture. >> you spoke earlier the adam smith followers have narrowed his vision, what did you mean by that? >> adam smith practice -- [inaudible] they were published in 1759 called the moral intimate and he was well known in europe and in the german translation at the philosophy. he was in touch with humanity with history and philosophy, with politics periodically and

of course he was cultivating and i'm not sure of the space. he was a greater economist but as john kaine said you cannot be a good economist if you're only an economist. what he meant is all you think about is cost and benefits and you have a sociopath at the center you knock it into economics and adam smith was such a temptation to make it easier, make it easy and now it's become this is true of the

marxist economics when i was a kid i was overthrown by marxism because all you needed to know was the history and society is the history of class trouble and your education and all you need to know from economics is modern economics is cost and benefits. i think we need to get that to economics. >> he went from being a marxist to attending freedom festa libertarian convention today. >> certainly did although i would prefer to get wood of the word libertarian because back to the own word liberal which is what i am and most of these people are which i mean people

believe that no one should be afraid of their husband, their master to the state and have this liberalism as all other political philosophies to treat people as sad or bad and i think we should be treating each other as adults for this time he was a gala tehran and anna gala tehran of outcome but income and egalitarian is a crucial point of permissions he wanted to allow people to trade and have a

way of life not by themselves he was a social person, it is not social recommended is liberalism and on the poor but to become an electrician if they wanted to. [inaudible] >> from your book huguenot mike she wrote and needs to be explained in a science history is not the industrial revolution but the gray enrichment, one or two orders of magnitude larger than any previous change in human history, what was the great enrichment.

>> it's what we continue to do now we have cameras in a container invasion and all kinds of things and what we continue to do the problem is industrial revolution, which by the way came from french in a person not attending that you might've heard of but his uncle as a criticism as i would prefer to call it. in that case it's too confined in time it's all about one-time explosion to take off that was

once called an 18th century, they did not keep going is the keeping going that is crucial and that's a good change in ideology in a changing answer from shakespeare and an attitude towards merchants and manufacturers in its continued but we still have a great enrichment for china and india are going through it and it comes from the equality of permission. >> the author is probably 30 some books professor is called bettering human onyx and she's been our guest againin booktv.

>> thank you i have enjoyed it. >> here is a look at books being published this week into famous austin investigative journalist profiles politicians, media figures and the rich and argues that being famous is corruptive eric argues against the idea of a creator created this universe an atheist and dead. in the center solution democratic senator joe lieberman calls for compromise and politics also being published this week journalist examines the history of black american cinema and colorization, and trump's shadow senior political correspondent david drucker explores the future of the republican party, and liberty is sweet historian woody holton suggests the founding fathers were influenced by marginalized americans, find these titles coming this week wherever books