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What If Markets Are Really Moral?

  • Virgil Henry Storr
  • Ginny Seung Choi
Chapter

Abstract

This chapter teases out the implications of our conclusion that markets are moral spaces that depend on and encourage morality. It is important to note that saying that markets are not morally corrupting is not to say that markets should exist in everything. It is possible to accept that we are correct that markets are moral and still maintain that certain markets in certain goods and services are noxious and should be limited. Our arguments do imply, however, that, rather than there being moral costs associated with engaging in market activity, there are moral costs that will result from curtailing market activity.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Virgil Henry Storr
    • 1
  • Ginny Seung Choi
    • 2
  1. 1.Department of EconomicsGeorge Mason UniversityFairfaxUSA
  2. 2.The Mercatus Center at George Mason UniversityArlingtonUSA

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