Most Economics That Is Taught In College

A Market Economy Is A Tool - A Valuable And Effective Tool - For Organizing Productive Activity. A Market Society Is A Way Of Life In Which Market Values Seep Into Every Aspect Of Human Endeavour. It's A Place Where Social Relations Are Made Over In The Image Of The Market.

There Are Really Exercises In A Kind Of Consumerist Ethic That I Think Don't Have The Same Moral Weight As Medicine Or Health.

There Is A Tendency To Think That If We Engage Too Directly With Moral Questions In Politics, That's A Recipe For Disagreement, And For That Matter, A Recipe For Intolerance And Coercion.

Democracy Does Not Require Perfect Equality, But It Does Require That Citizens Share In A Common Life.

Over The Past Three Decades, Markets And Market Thinking Have Been Reaching Into Spheres Of Life Traditionally Governed By Non-market Norms. As A Result, We've Drifted From Having A Market Economy To Becoming A Market Society.