Cart
Free US shipping over $10
Proud to be B-Corp

Economy and Virtue Dennis O'Keeffe

Economy and Virtue By Dennis O'Keeffe

Economy and Virtue by Dennis O'Keeffe


$10.00
Condition - Very Good
Only 3 left

Summary

Explores the relationship between virtue, morality and alternative forms of economic organisation. This work analyses how a free society both relies on and promotes values. It argues that we cannot judge the market economy by observing the obvious process of 'getting and spending'.

Economy and Virtue Summary

Economy and Virtue: Essays on the Theme of Markets and Morality by Dennis O'Keeffe

This volume, edited by Dennis O'Keeffe and with a foreword by David Willetts, explores the relationship between virtue, morality and alternative forms of economic organisation. It should be read by anybody who is interested in the relationship between morality and economic order. Despite the obvious success of the market economy in generating wealth, many commentators accept this success only grudgingly, and unthinkingly criticise the moral underpinnings of capitalist societies. Economy and Virtue takes such critics on and finds their criticisms wanting. It analyses how a free society both relies on and promotes values. Unless people can choose between good and evil in conditions of freedom, there is no morality in performing an action that helps another person. A market economy promotes cooperation and restrains selfishness because it relies on contracting by consenting parties, and because its legal system protects the property rights of the vulnerable, just as it does the property rights of the powerful. The authors argue that we cannot judge the market economy by observing the obvious process of 'getting and spending', because this process alone tells us nothing about the motives and character of those involved. There is much more to the market economy than material acquisition: the eminent authors in this volume discuss lucidly and convincingly the moral justifications of the market order.

Additional information

GOR003892451
9780255365048
0255365047
Economy and Virtue: Essays on the Theme of Markets and Morality by Dennis O'Keeffe
Used - Very Good
Hardback
Institute of Economic Affairs
2004-03-20
200
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

Customer Reviews - Economy and Virtue