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.

Can Corporations be ‘Good Citizens’?

"The idea of ‘good corporate citizenship’ has become popular recently among business ethicists and corporate leaders. You may have noticed its appearance on corporate websites and CEO speeches. But what does it mean and does it matter? Is it any more than a new species of public relations flimflam to set beside terms like ‘corporate social responsibility’ and the ‘triple bottom line’? Is it just a metaphor?"

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...

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