Do Markets Corrupt Our Morals? by Virgil Henry Storr

Do Markets Corrupt Our Morals? by Virgil Henry Storr

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Summary

The most damning criticism of markets is that they are morally corrupting. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with life in market societies.

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Do Markets Corrupt Our Morals? by Virgil Henry Storr

The most damning criticism of markets is that they are morally corrupting. Even Adam Smith, who famously celebrated markets, believed that there were moral costs associated with life in market societies.

“Storr and Choi are to be commended for directly addressing the question perennially put to markets—do they corrupt us?—and demonstrating that markets need not apologize for viciousnessThey also are to be praised for the form of their argument that allows students of morality and markets across and outside academic disciplines … . This reader enjoyed gathering evidence to spread the good news that the market improves our lives both materially and morally.” (Brianne Wolf, The Review of Austrian Economics, Vol. 36 (1), 2023)

“The merit of this book is that it does take on those arguments and concerns directly, and offers some persuasive answers and attractive avenues for further inquiry.” (Michael Munger, Public Choice, Vol. 185, 2020)

Virgil Henry Storr is Associate Professor of Economics at George Mason University and the Don C. Lavoie Senior Fellow in the F.A. Hayek Program in Philosophy, Politics and Economics at the Mercatus Center.

Ginny Seung Choi is Associate Director of Academic & Student Programs; a Senior Fellow in the F.A. Hayek Program for Advanced Study in Philosophy, Politics and Economics; and a Senior Research Fellow at the Mercatus Center at George Mason University. Previously, she was an Assistant Professor of Economics at Saint Vincent College.

SKU Unavailable
ISBN 13 9783030184155
ISBN 10 3030184153
Title Do Markets Corrupt Our Morals?
Author Virgil Henry Storr
Condition Unavailable
Binding Type Paperback
Publisher Springer Nature Switzerland AG
Year published 2019-08-24
Number of pages 281
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.