Morality & Markets: The Ethics of Government RegulationRowman & Littlefield, 2003 - 193 pages Morality & Markets poses the question: "What morally justifies government intervention in the commercial affairs of private citizens?" Its author, Edward Soule, proposes what he dubs a Regulatory Strategy, a set of rules for determining the moral legitimacy of regulation. The strategy combines the political philosophies of John Locke and John Stuart Mill with economic theory and commercial history. Soule then puts his framework into action, testing the morality of regulation in contemporary commercial disputes, including capital markets and genetically modified foods. |
Contents
A Strategy for Justifying Market Intervention | 13 |
Competing Reasons to Regulate Values | 41 |
Monistic Theories of Commercial Regulation | 77 |
US Capital Markets | 105 |
Agricultural Biotechnology | 137 |
175 | |
189 | |
About the Author | |
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agricultural Anderson argue basis behavior believes Biotechnology Cambridge capital markets Chicago Press claim Commercial Autonomy commercial practices commercial regulation communitarian consequentialist context criticism debate defense efficiency environmental risk Ethics European factors firms formulation free markets freedom GM crops GM technology harm human individual industry insider trading instance institutions investors issuers John Locke law and economics legitimate liberal libertarian liberty Locke Machan market failures Mass ment Milton Friedman minimalist monistic Monsanto moral principles morally justified negative liberty nomic one's Oxford University Press Philosophy political positive liberty Posner pragmatic Precautionary Principle Princeton production property rights reason to regulate Regulatory Strategy requires Richard Posner risks of GM rules safety Scheppele scientific securities shared social justice specific sphere statutory regulation theory Tibor Machan tion tort law U.S. capital markets valuation values vote selling Walzer wealth maximization welfare wrong York
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