Founded in 1997, has become a leading book price comparison site:

Find and compare hundreds of millions of new books, used books, rare books and out of print books from over 100,000 booksellers and 60+ websites worldwide.

Related Tags


Morals of Markets and Related Essays, The

by H. B. Acton

ISBN 0865971064 / 9780865971066 / 0-86597-106-4
Publisher Liberty Fund
Language English
Edition Hardcover
Find This Book


Find signed collectible books: 'Morals of Markets and Related Essays, The'

Book summary

Although the market economy is not as unpopular now as when Acton wrote The Morals of Markets, the morality of buying and selling has long bothered man's conscience. Defenses of capitalism often establish its efficiency or rely on a "that is the way human nature is anyway" argument. This book asserts that a free market is a necessary condition for the pursuit of moral excellence. Its analysis of the relation between capitalism and moral virtue has not been superseded.

The demise of Marxism and the moral bankruptcy of socialism throughout the world do not end the debate over capitalism. Acton's book is distinctive in discussing the "morals of markets" in a way that forms an essential additionoften missingto the case to be made for free markets.

Harry Burrows Acton (19081974) was Professor of Moral Philosophy at the University of Edinburgh.

David Gordon is a Senior Fellow at the Ludwig von Mises Institute.

Jeremy Shearmur teaches political theory at the Australian National University.