Bourgeois Virtue and the History ofPandS
认为，自商业文化兴起以来，商人常被鄙视，“资产阶级美德”看似矛盾。经济学家只强调审慎，但许多经济情境下美德很重要，忽视它会导致经济史模型有偏，无法公正评价资产阶级社会。
Since the triumph of a business culture a century and half ago the businessman has been scorned, and so the phrase “bourgeois virtue” sounds like an oxymoron. Economists since Bentham have believed that anyway virtue is beside the point: what matters for explanation is Prudence. But this is false in many circumstances, even strictly economic circumstances. An economic history that insists on Prudence Alone is misspecified, and will produce biased coefficients. And it will not face candidly the central task of economic history, an apology for or a criticism of a bourgeois society.