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Markets, morals and policy-making : a new defense of free-market economics / Enrico Colombatto.

By: Material type: TextSeries: Foundations of the market economy series ; 30.Publication details: New York : Routledge, c2011.Description: ix, 285 p.; 24 cmISBN:
  • 9780415588546
Subject(s): LOC classification:
  • HB 95 .C65 2011
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Cover image Item type Current library Home library Collection Shelving location Call number Materials specified Vol info URL Copy number Status Notes Date due Barcode Item holds Item hold queue priority Course reserves
Open Shelf Albukhary International University LEVEL 2 HB 95 .C65 2011 (Browse shelf(Opens below)) Available 1100028698
Total holds: 0

This book offers the reader a new perspective on free-market economics, one in which the defense of markets is no longer based upon the utilitarian claim that free markets are more efficient; rather, the defense of markets rests upon the moral argument that top-down coercive policy-making is necessarily in tension with the rights-based notion of justice typical of the Western tradition. In arguing for a consistent moral basis for the free-market view, we depart from both the Austrian and neoclassical traditions by acknowledging that rationality is not a satisfactory starting point.

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