The Moral Conditions of Economic Efficiency

Walter J. Schultz illustrates the deficiencies of theories that purport to show that markets alone can provide the basis for efficiency. He argues that markets are not moral-free zones, and that achieving the economic common good does indeed require morality. He demonstrates that efficient outcomes of market interaction cannot be achieved without moral normative constraints and then goes on to specify a set of normative conditions that make these positive outcomes possible.

Author: Walter J. Schultz
Publisher: Cambridge University Press
Published: 01/03/2008
Pages: 160
Binding Type: Paperback
Weight: 0.54lbs
Size: 9.00h x 6.00w x 0.37d
ISBN: 9780521048279

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