The Moral Conditions of Economic Efficiency (Cambridge Studies in Philosophy and Law) pdf epub fb2

The Moral Conditions of Economic Efficiency (Cambridge Studies in Philosophy and Law) by Walter J. Schultz epub fb2 djvu

Author: Walter J. Schultz
Title: The Moral Conditions of Economic Efficiency (Cambridge Studies in Philosophy and Law)
ISBN: 0521048273
ISBN13: 978-0521048279
Other Formats: txt mobi azw lrf
Pages: 160 pages
Publisher: Cambridge University Press; 1 edition (January 14, 2008)
Language: English
Size EPUB version: 1419 kb
Size FB2 version: 1877 kb
Category: Other
Subcategory: Business & Finance

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.

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