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"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.".
"The Moral Conditions of Economic Efficiency does not depend on a particular ethical theory or on the overcited shortcomings of private property economies. Rather, it focuses on the process of market interaction itself to prove that selfishness alone cannot provide for the economic good."--BOOK JACKET.
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Showing 3 featured editions. View all 3 editions?
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1
The Moral Conditions of Economic Efficiency
January 14, 2008, Cambridge University Press
Paperback
in English
- 1 edition
0521048273 9780521048279
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2
The moral conditions of economic efficiency
2001, Cambridge University Press
0521801788 9780521801782
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3
The Moral Conditions of Economic Efficiency (Cambridge Studies in Philosophy and Law)
June 18, 2001, Cambridge University Press
Hardcover
in English
0521801788 9780521801782
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Book Details
First Sentence
"Can a population of strict rational egoists achieve efficient allocations of commodities through market interaction in the absence of moral normative constrains?"
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- Created April 29, 2008
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April 14, 2010 | Edited by Open Library Bot | Linked existing covers to the edition. |
December 14, 2009 | Edited by WorkBot | link works |
April 29, 2008 | Created by an anonymous user | Imported from amazon.com record |