Thomas Wells - A Review of Moral Markets: the Critical Role of Values in the Economy, Edited by Paul J. Zak, Princeton/ Oxford, Princeton University Press, 2008, 386 pp

jpe:10590 - Journal of Philosophical Economics, November 20, 2009, Volume III Issue 1 - https://doi.org/10.46298/jpe.10590
A Review of Moral Markets: the Critical Role of Values in the Economy, Edited by Paul J. Zak, Princeton/ Oxford, Princeton University Press, 2008, 386 ppArticle

Authors: Thomas Wells 1

  • 1 Erasmus University Rotterdam

It is well known that economics does not understand values. It turns out, however, that a main reason for this is that it has not understood markets either. This collection of literature reviews, essays, and original research from the fields of primatology, philosophy, law, and economics grapples with the vexed relationship of values and markets but doesn't quite succeed in addressing it. While there is plenty of wisdom scattered across the different contributions, as a book it fails in its interdisciplinary task of integrating these nuggets, and it fails also to include all the disciplines which would seem to be relevant sources of insight.


Volume: Volume III Issue 1
Section: Book reviews
Published on: November 20, 2009
Imported on: December 28, 2022
Keywords: [SHS]Humanities and Social Sciences

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