Why Morality-Free Economic Theory Does Not Work: A Natural Law Perspective in the Wake of the Recent Financial Crisis
The recent worldwide financial crisis has revealed a serious flaw in current thinking about markets and morals. Contemporary legal theorists and political economists commonly assume that markets can (and even should) provide morally neutral zones for the exchange of goods among free persons, constrained by nothing other than the laws of contract and the imperatives of self-interest. Professor Bruni’s lecture challenged this dominant assumption and offered an alternative, natural law perspective on the interrelatedness of markets, morals, and human sociality.
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