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Morals of Markets & Related Essays
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Morals of Markets & Related Essays

Book Details

Format Paperback / Softback
ISBN-10 0865971072
ISBN-13 9780865971073
Publisher Liberty Fund Inc
Imprint Liberty Fund Inc
Country of Manufacture US
Country of Publication GB
Publication Date Jan 1st, 1993
Print length 286 Pages
Weight 368 grams
Dimensions 20.90 x 14.00 x 2.00 cms
Ksh 2,150.00
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Although the market economy is not as unpopular now as when Acton wrote THE MORALS OF MARKETS, the morality of buying and selling has long bothered man''s conscience. Defenses of capitalism often establish its efficiency or rely on a "that is the way human nature is anyway" argument. This book asserts that a free market is a necessary condition for the pursuit of moral excellence. Its analysis of the relation between capitalism and moral virtue has not been superseded. The demise of Marxism and the moral bankruptcy of socialism throughout the world do not end the debate over capitalism. Acton''s book is distinctive in discussing the ''morals of markets'' in a way that forms an essential addition -- often missing -- to the case to be made for free markets.

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