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[[File:Niall Ferguson.jpg|thumbnail|200px|right|[[Niall Ferguson]] ]]

[[File:Niall Ferguson.jpg|thumbnail|200px|right|[[Niall Ferguson]] ]]

'''The Protestant Ethic and the Spirit of Capitalism''' is a highly influential 1905 book by sociologist [[Max Weber]].  The ethic consists of hard work, disdain for leisure, competitive spirit and a profit motive to provide an incentive to achieve.  

'''''The Protestant Ethic and the Spirit of Capitalism''''' is a highly influential 1905 book by sociologist [[Max Weber]].  The ethic consists of hard work, disdain for leisure, competitive spirit and a profit motive to provide an incentive to achieve.  

[[Harvard University]] historian [[Niall Ferguson]] declared: "Through a mixture of hard work and thrift the [[Protestantism|Protestant]] societies of the North and West Atlantic achieved the most rapid economic growth in history."<ref>[http://blog.tifwe.org/the-protestant-work-ethic-alive-well-in-china/ The Protestant Work Ethic: Alive & Well…In China] By Hugh Whelchel on September 24, 2012</ref>  

[[Harvard University]] historian [[Niall Ferguson]] declared: "Through a mixture of hard work and thrift the [[Protestantism|Protestant]] societies of the North and West Atlantic achieved the most rapid economic growth in history."<ref>[http://blog.tifwe.org/the-protestant-work-ethic-alive-well-in-china/ The Protestant Work Ethic: Alive & Well…In China] By Hugh Whelchel on September 24, 2012</ref>