Research

The Moral Limits to the Market Economy, and the Financial Crash (web publication)


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Economic Theory

A superb analysis of this masterpiece of political economy

Research

Modern welfare states undermine human flourishing

A market economy can nurture good human attributes

https://iea.org.uk/wp-content/uploads/2016/07/upldbook521pdf.pdf
In the thirtieth IEA Discussion Paper, Philip Booth examines the moral limits to the market economy. Christians often express concerns about the way in which self interest in the market economy can become disordered or bent and thus manifest itself in greed, selfishness and exploitation. However, this paper argues that a market economy can help nurture good human attributes such as trust, good timekeeping, professionalism, concern for others, and so on.

2010, Discussion Paper 30

See also:

Catholic Social Teaching and the Market Economy, edited by Philip Booth

Does Britain Need a Financial Regulator? by Terry Arthur and Philip Booth

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