Accepting the Invisible Hand: Market-Based Approaches to Social-Economic Problems (Perspectives from Social Economics)

This collection of essays by prominent economists and philosophers showcases the important contributions that markets can make to important topics within social economics, including practical issues such as poverty and disaster relief, as well as more general concerns regarding ethics and well-being. Front Matter....Pages i-xvi Markets and Dignity: The Essential Link (With an Application to Health Care)....Pages 1-21 Markets, Discovery, and Social Problems....Pages 23-41 Economic Freedom and Global Poverty....Pages 43-68 Don’t Let the Best Be the Enemy of the Good: A Stoic Defense of the Market....Pages 69-86 Ethics in the Mayan Marketplace....Pages 87-110 Philanthropy and the Invisible Hand: Hayek, Boulding, and Beyond....Pages 111-137 Life in the Market Is Good for You....Pages 139-168 Doing the Right Things: The Private Sector Response to Hurricane Katrina as a Case Study in the Bourgeois Virtues....Pages 169-190 Back Matter....Pages 191-197