The Virtues of Free Markets
Abstract
This article argues that free markets promote other important virtues that have heretofore received scant attention. Specifically, through fostering an indefinitely-lived series of exchanges, free markets create a future promoting integrity and trust. This is because the more the future matters, the better behaved are individuals in the present. Therefore, rather than being castigated, as they so often are in the popular media and political...
Paper Details
Title
The Virtues of Free Markets
Published Date
Jul 15, 2011
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