ISBN: 8171883664 Publisher:Academic Foundation Book Format: Hard Bound Language: English Physical Description: 358pages Year of Publication: 2004
Morality of Markets presents a unique compilation of essays by distinguished economists, ethicists, and theologians that explores the moral and ethical foundations of the free market. The book overwhelmingly supports the fundamental morality of markets and the general immorality of government interventions in capitalist acts among consenting adults. The notion that private property and market exchanges are inherently unjust is systematically disproved, both from the economic and philosophical perspective. The essays comprehensively address critical issues ranging from the underlying ethics of voluntary exchange, morality in commerce and the corporation, the immorality of state intervention, and the role of markets in the teachings of major world religions.