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- catalog abstract ""Walter J. Schultz illustrates the deficiencies of theories that purport to show that markets alone can provide the basis for efficiency. He argues that markets are not moral-free zones and that achieving the economic common good does indeed require morality. He demonstrates that efficient outcomes of market interaction cannot be achieved without moral normative constraints and then goes on to specify a set of normative conditions that make these positive outcomes possible." "The Moral Conditions of Economic Efficiency does not depend on a particular ethical theory or on the overcited shortcomings of private property economies. Rather, it focuses on the process of market interaction itself to prove that selfishness alone cannot provide for the economic good."--Jacket.".
- catalog contributor b12188667.
- catalog created "2001.".
- catalog date "2001".
- catalog date "2001.".
- catalog dateCopyrighted "2001.".
- catalog description ""The Moral Conditions of Economic Efficiency does not depend on a particular ethical theory or on the overcited shortcomings of private property economies. Rather, it focuses on the process of market interaction itself to prove that selfishness alone cannot provide for the economic good."--Jacket.".
- catalog description ""Walter J. Schultz illustrates the deficiencies of theories that purport to show that markets alone can provide the basis for efficiency. He argues that markets are not moral-free zones and that achieving the economic common good does indeed require morality. He demonstrates that efficient outcomes of market interaction cannot be achieved without moral normative constraints and then goes on to specify a set of normative conditions that make these positive outcomes possible."".
- catalog description "1. Introduction and Synopsis -- 2. A Contextualized Proof of the First Fundamental Theorem of Welfare Economics -- 3. The Moral Thesis: Moral Normative Constraints Are Necessary Conditions of Pareto-Optimal Equilibrium Allocations of Commodities Achieved through Market Interaction -- 4. A Spontaneous Order Objection -- 5. The Roles of Moral Normative Constraints in Relation to Externalities -- 6. The Moral Conditions of Economic Efficiency -- 7. Implications.".
- catalog description "Includes bibliographical references (p. [131]-135) and index.".
- catalog extent "xii, 144 p. ;".
- catalog identifier "0521801788 (hbk.)".
- catalog isPartOf "Cambridge studies in philosophy and law".
- catalog issued "2001".
- catalog issued "2001.".
- catalog language "eng".
- catalog publisher "Cambridge ; New York : Cambridge University Press,".
- catalog subject "330 21".
- catalog subject "Economics Moral and ethical aspects.".
- catalog subject "HB72 .S348 2001".
- catalog tableOfContents "1. Introduction and Synopsis -- 2. A Contextualized Proof of the First Fundamental Theorem of Welfare Economics -- 3. The Moral Thesis: Moral Normative Constraints Are Necessary Conditions of Pareto-Optimal Equilibrium Allocations of Commodities Achieved through Market Interaction -- 4. A Spontaneous Order Objection -- 5. The Roles of Moral Normative Constraints in Relation to Externalities -- 6. The Moral Conditions of Economic Efficiency -- 7. Implications.".
- catalog title "The moral conditions of economic efficiency / Walter J. Schultz.".
- catalog type "text".