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This essay praises Gerald Gaus's The Order of Public Reason as a building block for all normative explorations into the institutional foundations of human sociability. It evaluates the normative implications put forth by Gaus in terms of the Kirzner's “finder's keeper's ethic.” This raises a...
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Do markets make the conditions for moral action possible? To answer to this question, I will develop the normative implications of competition in the market process. As a value-free science, positive economics illustrates the economic consequences of different forms of competitive behavior for...
Persistent link: https://www.econbiz.de/10012863329
The Genesis and Ethos of the Market makes the assertion that virtue is not inconsistent with economic liberty. This raises the question about the relationship between virtue and economic liberty addressed in the "Civil Economy" tradition of the Neapolitan Enlightenment. We explore this question...
Persistent link: https://www.econbiz.de/10012938098