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Review: Ethics, Efficiency and the MarketUser Review - TJ - Goodreads
May be appropriate for economics folks, but not as inviting for folks not schooled in economics. Also it's a little outdated. Finally I have to laugh b/c although I have a reprinted edition that was ... Read full review
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achieve actual markets allocation alternative system argue assume assumption attempt basic benefit capitalism civil and political claim competition concept conclusion consumer contribution criticism decent minimum democratic distribution economic effective enforced equal example exploitation externalities F. A. Hayek feasible firms free-rider G. A. Cohen grounds of efficiency Hayek ideal market income individual individual's inequalities interests interferences interpersonal utility comparisons intersystemic efficiency comparisons justice labor least libertarian marginal utility market on grounds market socialism Marx Marxian maximize social utility means of production moral right mutually advantageous negative liberty nonmarket system Nozick one's overall utility Paretian principles Pareto Optimality Pareto principles Pareto Superiority Principle person political liberties positive freedom preferences private property market problem productive resources property market system property rights public ownership rational requires role Rule Utilitarianism Social Darwinist society Taylor-Lange model unemployment unfettered market voluntary exchanges wealth Welfare Economics well-being worker control
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