Blog Posts from the ‘Good Markets’ research project

This overview of project blog posts resulting from the Good Markets research project is a selection from all blog posts on the Moral Markets platform.

Identity Politics Veers into Identity Economics

"So-called identity politics can be both an authentic form of personal expression as well as a force for division and enmity. As identity politics increasingly manifests in our economic life, we encounter the danger of identity economics, where we only agree to economic transactions with those who agree with us on an ever-growing list of moral or even political shibboleths."

Trustworthiness of Doctors and Bankers Judged Quite Differently

"A much greater risk, it seems to me, is that all kinds of much needed discussions about the structure of our economy, which have gained traction in recent years, will come to a halt again. In which sectors can the free market work well, and in which not? In the financial sector? In the health care sector? In the food sector? And under what conditions?"

Free Trade from a Relational Perspective: Opportunities and Threats

The case for free trade is often based on the view that man is a rational and individualistic homo economicus. This article analyzes free trade from a broader, relational picture of mankind. After introducing this view, we discuss the blessings of free trade from this relational perspective. Next we explore three developments that put international trade under pressure. We investigate a number of policy options to prevent free trade from impairing interpersonal relationships.

The Market is (Not) Virtuous

Ding-dong. In the left corner we have the great champion Adam Smith, assisted by his charming assistant Deirdre McCloskey. In the right-hand corner his vile challenger Bernard Mandeville, accompanied by leftist groups shouting ‘boo!’ The fight can begin. Mandeville...

Why GDP Gradually Became Dominant in Economics

Historical economist Floris Heukelom is optimistic that we can change the way in which we evaluate national economies - thanks to the detailed analysis that sociologist Andrew Yarrow presents in “Measuring America; How Economic Growth Came to Define American Greatness in the Late Twentieth Century” (2010). A book interview.

What to Do about the So-Called Losers of Globalisation

Who are the losers of globalization? Many people claim that the rise of the three p’s (populism, patriotism and protectionism) is motivated by the fact that the benefits of globalization are unequally distributed over the population. But is this true?

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