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

By: Material type: TextTextSeries: 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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Item type Current library Call number Status Barcode
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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