The Free Person And The Free Economy

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Defending the Free Market

Robert Sirico
Defending the Free Market Book PDF

Author : Robert Sirico
Publisher : Simon and Schuster
Page : 226 pages
File Size : 42,8 Mb
Release : 2012-05-21
Category : Political Science
ISBN : 9781596988118

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Defending the Free Market by Robert Sirico Pdf

Thirty years ago, the economic system of the Soviet empire—socialism—seemed definitively discredited. Today, the most popular figures in the Democratic Party embrace it, while the shapers of public opinion treat capitalism as morally indefensible. Is there a moral case for capitalism? Consumerism is an appalling spectacle. Free markets may be efficient, but are they fair? Aren’t there some things that we can’t afford to leave to the vicissitudes of the market? Robert Sirico, a onetime leftist, shows how a free economy—including private property, legally enforceable contracts, and prices and interest rates freely agreed to by the parties to a transaction—is the best way to meet society’s material needs. In fact, the free market has lifted millions out of dire poverty—far more people than state welfare or private charity has ever rescued from want. But efficiency isn’t its only virtue. Economic freedom is indispensable for the other freedoms we prize. And it’s not true that it makes things more important than people—just the reverse. Only if we have economic rights can we protect ourselves from government encroachment into the most private areas of our lives—including our consciences. Defending the Free Market is a powerful vindication of capitalism and a timely warning for a generation flirting with disaster.

The Free Person and the Free Economy

Anthony J. Santelli
The Free Person and the Free Economy Book PDF

Author : Anthony J. Santelli
Publisher : Lexington Books
Page : 164 pages
File Size : 45,8 Mb
Release : 2002
Category : Business & Economics
ISBN : 0739101870

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The Free Person and the Free Economy by Anthony J. Santelli Pdf

Thisvolume applies the praxeological and theoretical foundations of the personalist tradition to free-market economic theory. This work defends economic liberty in theologically sensitive terms that reference the personalist tradition, without compromising the disciplinary integrity of either economics or social ethics.

Defending the Free Market

Robert Sirico
Defending the Free Market Book PDF

Author : Robert Sirico
Publisher : Regnery Publishing
Page : 226 pages
File Size : 49,9 Mb
Release : 2012-05-22
Category : Political Science
ISBN : 9781596983250

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Defending the Free Market by Robert Sirico Pdf

The Left has seized on our economic troubles as an excuse to “blame the rich guy” and paint a picture of capitalism and the free market as selfish, greedy, and cruel. Democrats in Congress and “Occupy” protesters across the country assert that the free market is not only unforgiving, it’s morally corrupt. According to President Obama and his allies, only by allowing the government to heavily control and regulate business and by redistributing the wealth can we ensure fairness and compassion. Exactly the opposite is true, says Father Robert A. Sirico in his thought–provoking new book, Defending the Free Market: The Moral Case for a Free Economy. Father Sirico argues that a free economy actually promotes charity, selflessness, and kindness. And in Defending the Free Market, he shows why free-market capitalism is not only the best way to ensure individual success and national prosperity but is also the surest route to a moral and socially–just society. In Defending the Free Market, Father Sirico shows: Why we can’t have freedom without a free economy Why the best way to help the poor is to a start a business Why charity works—but welfare doesn't How Father Sirico himself converted from being a leftist colleague of Jane Fonda and Tom Hayden to recognizing the merits of a free economy. In this heated presidential election year, the Left will argue that capitalism may produce winners, but it is cruel and unfair. Yet as Sirico proves in Defending the Free Market, capitalism does not simply provide opportunity for material success, but it ensures a more ethical and moral society as well.

The Free Economy and the Strong State

Andrew Gamble
The Free Economy and the Strong State Book PDF

Author : Andrew Gamble
Publisher : Springer
Page : 275 pages
File Size : 53,5 Mb
Release : 1988-09-09
Category : Political Science
ISBN : 9781349194384

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The Free Economy and the Strong State by Andrew Gamble Pdf

An attempt to provide an account of the genesis of Thatcherism in opposition, its record in government, its relationship to the Conservative tradition and the ideological challenge of the New Right. The manner in which Thatcherism has been analysed by the Left and the Right is assessed.

Free Markets and the Culture of Common Good

Martin Schlag,Juan Andrés Mercado
Free Markets and the Culture of Common Good Book PDF

Author : Martin Schlag,Juan Andrés Mercado
Publisher : Springer Science & Business Media
Page : 260 pages
File Size : 53,7 Mb
Release : 2012-04-23
Category : Philosophy
ISBN : 9789400729902

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Free Markets and the Culture of Common Good by Martin Schlag,Juan Andrés Mercado Pdf

Recent economic development and the financial and economic crisis require a change in our approach to business and finance. This book combines theology, economy and philosophy in order to examine in detail the idea that the functioning of a free market economy depends upon sound cultural and ethical foundations. The free market is a cultural achievement, not only an economic phenomenon subject to technical rules of trade and exchange. It is an achievement which lives by and depends upon the values and virtues shared by the majority of those who engage in economic activity. It is these values and virtues that we refer to as culture. Trust, credibility, loyalty, diligence, and entrepreneurship are the values inherent in commercial rules and law. But beyond law, there is also the need for ethical convictions and for global solidarity with developing countries. This book offers new ideas for future sustainable development and responds to an increasing need for a new sense of responsibility for the common good in societal institutions and good leadership.

A Humane Economy

Wilhelm Röpke
A Humane Economy Book PDF

Author : Wilhelm Röpke
Publisher : Open Road Media
Page : 287 pages
File Size : 44,7 Mb
Release : 2014-04-08
Category : Biography & Autobiography
ISBN : 9781497636422

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A Humane Economy by Wilhelm Röpke Pdf

“A Humane Economy is like a seminar on integral freedom conducted by a professor of uncommon brilliance.” —Wall Street Journal “If any person in our contemporary world is entitled to a hearing it is Wilhelm Röpke.” —New York Times A Humane Economy offers one of the most accessible and compelling explanations of how economies operate ever written. The masterwork of the great twentieth-century economist Wilhelm Röpke, this book presents a sweeping, brilliant exposition of market mechanics and moral philosophy. Röpke cuts through the jargon and statistics that make most economic writing so obscure and confusing. Over and over, the great Swiss economist stresses one simple point: you cannot separate economic principles from human behavior. Röpke’s observations are as relevant today as when they were first set forth a half century ago. He clearly demonstrates how those societies that have embraced free-market principles have achieved phenomenal economic success—and how those that cling to theories of economic centralization endure stagnation and persistent poverty. A Humane Economy shows how economic processes and government policies influence our behavior and choices—to the betterment or detriment of life in those vital and highly fragile human structures we call communities. “It is the precept of ethical and humane behavior, no less than of political wisdom,” Röpke reminds us, “to adapt economic policy to man, not man to economic policy.”

Free Market Fairness

John Tomasi
Free Market Fairness Book PDF

Author : John Tomasi
Publisher : Princeton University Press
Page : 380 pages
File Size : 41,6 Mb
Release : 2013-05-05
Category : Business & Economics
ISBN : 9780691158143

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Free Market Fairness by John Tomasi Pdf

A provocative new vision of free market capitalism that achieves liberal ends by libertarian means Can libertarians care about social justice? In Free Market Fairness, John Tomasi argues that they can and should. Drawing simultaneously on moral insights from defenders of economic liberty such as F. A. Hayek and advocates of social justice such as John Rawls, Tomasi presents a new theory of liberal justice. This theory, free market fairness, is committed to both limited government and the material betterment of the poor. Unlike traditional libertarians, Tomasi argues that property rights are best defended not in terms of self-ownership or economic efficiency but as requirements of democratic legitimacy. At the same time, he encourages egalitarians concerned about social justice to listen more sympathetically to the claims ordinary citizens make about the importance of private economic liberty in their daily lives. In place of the familiar social democratic interpretations of social justice, Tomasi offers a "market democratic" conception of social justice: free market fairness. Tomasi argues that free market fairness, with its twin commitment to economic liberty and a fair distribution of goods and opportunities, is a morally superior account of liberal justice. Free market fairness is also a distinctively American ideal. It extends the notion, prominent in America's founding period, that protection of property and promotion of real opportunity are indivisible goals. Indeed, according to Tomasi, free market fairness is social justice, American style. Provocative and vigorously argued, Free Market Fairness offers a bold new way of thinking about politics, economics, and justice—one that will challenge readers on both the left and right.

The Moral Case for the Free Market Economy

Tibor R. Machan
The Moral Case for the Free Market Economy Book PDF

Author : Tibor R. Machan
Publisher : Unknown
Page : 164 pages
File Size : 47,9 Mb
Release : 1988
Category : Business & Economics
ISBN : STANFORD:36105041011086

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The Moral Case for the Free Market Economy by Tibor R. Machan Pdf

A philosophical argument that places a brief statement for the case for the free market system of economics, the text is based on a view of human beings as moral agents and the legal system of a good community as designed to nurture this moral agency.

The Illusion of Free Markets

Bernard E. Harcourt
The Illusion of Free Markets Book PDF

Author : Bernard E. Harcourt
Publisher : Harvard University Press
Page : 337 pages
File Size : 48,5 Mb
Release : 2012-11-12
Category : Business & Economics
ISBN : 9780674971325

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The Illusion of Free Markets by Bernard E. Harcourt Pdf

It is widely believed today that the free market is the best mechanism ever invented to efficiently allocate resources in society. Just as fundamental as faith in the free market is the belief that government has a legitimate and competent role in policing and the punishment arena. This curious incendiary combination of free market efficiency and the Big Brother state has become seemingly obvious, but it hinges on the illusion of a supposedly natural order in the economic realm. The Illusion of Free Markets argues that our faith in “free markets” has severely distorted American politics and punishment practices. Bernard Harcourt traces the birth of the idea of natural order to eighteenth-century economic thought and reveals its gradual evolution through the Chicago School of economics and ultimately into today’s myth of the free market. The modern category of “liberty” emerged in reaction to an earlier, integrated vision of punishment and public economy, known in the eighteenth century as “police.” This development shaped the dominant belief today that competitive markets are inherently efficient and should be sharply demarcated from a government-run penal sphere. This modern vision rests on a simple but devastating illusion. Superimposing the political categories of “freedom” or “discipline” on forms of market organization has the unfortunate effect of obscuring rather than enlightening. It obscures by making both the free market and the prison system seem natural and necessary. In the process, it facilitated the birth of the penitentiary system in the nineteenth century and its ultimate culmination into mass incarceration today.

The Strong State and the Free Economy

Werner Bonefeld
The Strong State and the Free Economy Book PDF

Author : Werner Bonefeld
Publisher : Rowman & Littlefield
Page : 240 pages
File Size : 49,9 Mb
Release : 2017-05-09
Category : Business & Economics
ISBN : 9781783486298

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The Strong State and the Free Economy by Werner Bonefeld Pdf

An investigation into the theoretical foundations of ordoliberal thought and its historical and theoretical contexts.

Free To Choose

Milton Friedman,Rose Friedman
Free To Choose Book PDF

Author : Milton Friedman,Rose Friedman
Publisher : HarperCollins
Page : 368 pages
File Size : 54,6 Mb
Release : 1990-11-26
Category : Business & Economics
ISBN : 9780547539751

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Free To Choose by Milton Friedman,Rose Friedman Pdf

INTERNATIONAL BESTSELLER A powerful and persuasive discussion about economics, freedom, and the relationship between the two, from today's brightest economist. In this classic discussion, Milton and Rose Friedman explain how our freedom has been eroded and our affluence undermined through the explosion of laws, regulations, agencies, and spending in Washington. This important analysis reveals what has gone wrong in America in the past and what is necessary for our economic health to flourish.

Wealth of Persons

Fr. John McNerney
Wealth of Persons Book PDF

Author : Fr. John McNerney
Publisher : Wipf and Stock Publishers
Page : 380 pages
File Size : 54,6 Mb
Release : 2016-08-31
Category : Philosophy
ISBN : 9781498229944

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Wealth of Persons by Fr. John McNerney Pdf

Thomas Piketty's Capital in the Twenty-First Century initiated a great debate not just about inequality but also regarding the failures found in the economic models used by theoreticians and practitioners alike. Wealth of Persons offers a totally different perspective that challenges the very terms of the debate. The Great Recession reveals a great existential rift at the core of certain economic reflections, thereby showing the real crisis of the crisis of economics. In the human sciences we have created a kind of "Tower of Babel" where we cannot understand each other any longer. The "breakdowns" occur equally on the personal, social, political, and economic levels. There is a need for an "about-face" in method to restore harmony among dissociated disciplines. Wealth of Persons offers a key to such a restoration, applying insights and analysis taken from different economic scholars, schools of thought, philosophical traditions, various disciplines, and charismatic entrepreneurs. Wealth of Persons aims at recapturing an adequate understanding of the acting human person in the economic drama, one that measures up to the reality. The investigation is a passport allowing entry into the land of economic knowledge, properly unfolding the anthropological meaning of the free economy.

The Virtues of Capitalism

Scott Rae,Austin Hill
The Virtues of Capitalism Book PDF

Author : Scott Rae,Austin Hill
Publisher : Moody Publishers
Page : 160 pages
File Size : 40,8 Mb
Release : 2010-05-01
Category : Religion
ISBN : 157567565X

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The Virtues of Capitalism by Scott Rae,Austin Hill Pdf

In the aftermath of the recent economic downturn, some observers leveled harsh criticism against free-market economies. In the spring of 2009, for instance, an article in the The London Telegraph insisted that the industrialized West must re-articulate its moral case for market capitalism. Additionally, numerous commentators proclaimed the days of unfettered markets to be over. In this timely and balanced book, Austin Hill and Scott Rae agree with capitalism's critics that the economy is essentially a moral issue, but they argue that free markets are by-and-large the solution to financial disasters rather than the cause. Though they recognize that there are legitimate criticisms of the market system -- and real limits to what it can and should accomplish -- the authors further conclude that capitalism both depends upon and sustains classic Judeo-Christian virtues better than any of its rival systems. Thoughtful and engaging, this book pushes against the tide of current public opinion and some of the administration's proposed economic policies with a principled defense of capitalism.

The Free Market and the Human Condition

Lee Trepanier
The Free Market and the Human Condition Book PDF

Author : Lee Trepanier
Publisher : Lexington Books
Page : 167 pages
File Size : 52,9 Mb
Release : 2014-08-20
Category : Political Science
ISBN : 9780739194751

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The Free Market and the Human Condition by Lee Trepanier Pdf

Since the Financial Crisis of 2008, there has been and continues to be a debate about the proper role of the free market in the United States and beyond. On one side there are those who defend the free market as a method to provide both wealth and democratic legitimacy; while on the other side are thinkers who reject the orthodoxy of the free market and call for a greater role of government in society to correct its failures. But what is needed in this debate is a return to the vantage point of the human condition to better understand both the free market and our role in it. The Free Market and the Human Condition explores what the human condition can reveal to us about the free market—its strengths, its limits, and its weaknesses—and, in turn, what the free market can illuminate about the essence of the human condition. Because the human condition is multifaceted, this book has adopted an interdisciplinary approach, drawing upon the disciplines of philosophy, theology, archeology, literature, sociology, political science, criminal justice, and education. Since it is impossible for one to know all aspects of the human condition, the book consists of contributors who approach the topic from their respective disciplines, thereby providing an accumulated picture of the free market and the human condition. Although it does not claim to provide a comprehensive account of the human condition as situated in the free market, The Free Market and the Human Condition transcends the current climate of debate about the free market and provides a way forward in our understanding about the role that free market plays in our society.

Markets, Morals, and Policy-Making

Enrico Colombatto
Markets Morals and Policy Making Book PDF

Author : Enrico Colombatto
Publisher : Routledge
Page : 374 pages
File Size : 51,5 Mb
Release : 2012-03-29
Category : Business & Economics
ISBN : 9781136668074

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Markets, Morals, and Policy-Making by Enrico Colombatto Pdf

Free-market economics has attempted to combine efficiency and freedom by emphasizing the need for neutral rules and meta-rules. These efforts have only been partly successful, for they have failed to address the deeper, normative arguments justifying – and limiting – coercion. This failure has thus left most advocates of free-market vulnerable to formulae which either emphasize expediency or which rely upon optimal social engineering to foster different notions of the common will and of the common good. This book offers the reader a new perspective on free-market economics, one in which the defense of markets is no longer based upon the utilitarian claim that free markets are more efficient; rather, the defense of markets rests upon the moral argument that top-down coercive policy-making is necessarily in tension with the rights-based notion of justice typical of the Western tradition. In arguing for a consistent moral basis for the free-market view, we depart from both the Austrian and neoclassical traditions by acknowledging that rationality is not a satisfactory starting point. This rejection of rationality as the complete motivator for human economic behaviour throws constitutional economics and the law-and-economics tradition into new relief, revealing these approaches as governed by considerations derived by various notions of social efficiency, rather than by principles consistent with individual freedom, including freedom to choose. This book shows that the solution is in fact a better understanding of the lessons taught by the Scottish Enlightenment: the role of the political context is to ensure that the individual can pursue his own ends, free from coercion. This also implies individual responsibility, respect for somebody else’s preferences and for his entrepreneurial instincts. Social virtue is not absent from this understanding of politics, but rather than being defined through the priorities of policy-makers, it emerges as the outcome of interaction among self-determining individuals. The strongest and most consistent case for free-market economics, therefore, rests on moral philosophy, not on some version of static-efficiency theorizing. This book should be of interest to students and researchers focussing on economic theory, political economics and the philosophy of economic thought, but is also written in a non-technical style making it accessible to an audience of non-economists.