Affiliation:
1. Council on Foreign Relations, 58 East 68th Street, New York, NY 10021.
Abstract
The paper addresses two issues. First, economics has evolved both as a positive science and, from moral philosophy, also as a normative discipline. Advancing the public good requires that public policy walk on both these legs. Second, the criticism has been forcefully made that markets undermine morality. This contention is refuted in several ways.
Publisher
American Economic Association
Subject
Economics and Econometrics
Cited by
21 articles.
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