Speech at the university of texas. Make your bed. And new yorker staff writer david graham recounts a murder spree in 1920s oklahoma that targeted the osage indians in killers of the flower moon. And our bestselling nonfiction books is the hidden life of trees. And sarah knight guide to control your emotions. Many of these authors have or will be appearing on booktv. You can watch them on our website, booktv. Org. Booktv recently visited capital has asked members of congress what they are reading the summer. I got a pilot both but i just chose one because it lends all of my passions. Folks out there, may recall i taught economics at a College Level for 20 years. I went to seminary before that. So now the politics of fear is pretty toxic. So everyone is talking about ability and ethics and virtue in all of this kind of thing. And of course everything we do around here is economics and politics. So i just wanted to highlight a book that i have been, i have a couple of them but one is called bourgeois dignity. So this is a chicago trained economist phd, but her thesis in this book should go through about 20 nobel prize papers by folks have written on Economic Growth and self Economic Growth short review course started about 1800. All Human History was a hockey stick. Flat as can be. Everyone in the whole world made about 1000 a year per capita. And then about 1750 or 1800 the hockey stick gets explosive Economic Growth. Now we are 50,000 per capita. The chinese opened up and they are growing for these to be a thousand. In the last 20 years there up to eight or 9000 per capita. Why did that happen . The standard economic account is capital accumulation or Human Capital of private property rights, trade, marxist exploitation accounts, Natural Resource accounts, and they go on and on. Natural endowments, in land and metals or eccentric. So there are also some accounts that is of modern Economic Growth. But mccloskey challenges 20 nobel papers. The highest caliber folks and she has been vetted by nobel foes. Her hypothesis it is that the cause of longrun Economic Growth is when the moral language changed such that we started to call the businessman and businesswoman morally good. And so let me just say that again because that is a whopper. Modern economics, everyone think this is economics and greed and selfinterest. Number when did Economic Growth take off . When we started to view it as being morally good. If you look back at the western, you can go through all the Different Things that in jesus, moses, confucius. Aristotle. It is helpful, it is neutral. It helps to pay for a nice painting. Sort of miserable times. The work itself is not intrinsically good. And capitalism wasnt even on the horizon. And the reason i bring this up is because the thesis is probably reversible. We say business is morally bad again and there is a temptation to do that. Wall street, corruption, but the average person out there, the supply side of the economy is just everyone out there watching. It is everyone that goes to work in the morning. If you dont look up in the morning say what i am going to do today matters morally, right in the Judeo Christian you say god has been here for a purpose. So at work, it is eight or nine or 10 hours every day. For us here it is 15 hours a day. And if you dont view that as a moral pursuit is the most depressing thought you can think and youre going to train a kid and if youre going to go into business and it is morally bad, i mean it is discussing psychologically. Right . So you can see if you view the work and positive way morally that youre doing something morally good to help other people, you wake up in the morning, feel good, im going to go do my part. But now the moral language is getting a little negative. I mean not a little, right . On the politics appear and business and everyones of interest again. So i wanted to highlight this book as a way of linking a bunch of influential, disconnects a lot of spheres, the economic sphere, political, moral and she is just fun to read. She connects every great thinker in the western canon and i just think it is very important. Especially for the next generation, the young kids out there, College Students started to think about business. Take a look at this book and she will have a bibliography and all sorts of other links to readers that you can pursue. But it is very important to get the young generation motivated to go to work. I taught college intro economy. Kids coming out of k12 do not know if business is good they do not know a price or a cost or profit. And that is just the language you have to know. And so i want to intertwine and get back to the classical education people should be taught you know, if youre teaching in english class, teach a kid how to write a business memo. Everything we do, especially if your kids are on the college path, you just kind of everyone takes it for granted but have the country wont go to college. And so at the end of k12 i hope we have these kids prepared to go out into the work world by the end of high school. Because we are paying 14 grand a year for 13 years. And so people say we need all his extra programs, we should be doing that in k12. And also, in a k12 is interesting right now. We dont teach any system of ethics. So that is one of the reasons im highlighting this book. We do not teach the judeochristian transfer in secular i taught all of the philosophers you know the utilitarians and aristotle, virtue ethics, etc. But no one really lives out the systems. Most people are religious, judeo, confucian, indian, hindu etc. And so, those are the ones that they do not learn any of this moral theory and k12. And in Higher Education not much either. Which is kind of shocking. I applaud cspan for giving us the opportunity to share some ideas. This is one book maybe later i will come and give a bigger stack but i just wanted to connect a few dots and share a few ideas with you guys. Thanks for doing this for us. Lets booktv want to know what you are reading. Send us your Summer Reading list via twitter at booktv or on instagram or go to our Facebook Page facebook. Com booktv. Booktv on cspan2. Television for serious readers. Cracks carla hayden give us a preview of this Years National book festival. Quest this years festival is so exciting. I must tell you it is going to be one of my favorites because i am a big nonfiction fan. And the types of authors that we are going to have from David Mccullough to jd vance whose book is on every reading list, that you can imagine and every