Charting the Course

Why is it that the same economic forces that produce good things for us like penicillin and housing are just as effective at bringing us things like pornography and heroin? How can the same systems of production generate such a wide array of good and bad outcomes? Markets are morally neutral. But people are not. Markets recognize no moral difference between good and evil. Markets don't inherently recognize any values other than those brought by men and women to the marketplace each and every day.
Bruce Howard opens our eyes to the moral and ethical influences in economic life and sheds light on the market's philosophical underpinnings.