The moral limits to the market economy, and the financial crash

Philip Booth

No 30, IEA Discussion Papers from Institute of Economic Affairs (IEA)

Abstract: A market economy can nurture good human attributesIn the thirtieth IEA Discussion Paper, Philip Booth examines the moral limits to the market economy. Christians often express concerns about the way in which self interest in the market economy can become disordered or bent and thus manifest itself in greed, selfishness and exploitation. However, this paper argues that a market economy can help nurture good human attributes such as trust, good timekeeping, professionalism, concern for others, and so on.

Keywords: Economic liberalism; market economy; business ethics; financial crisis; financial crisis (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ieadps:313931

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