white - accepting the invisible hand; market-based approaches to social-economic problems (2010)

[...]... practices to help enhance markets on the Mayans’ terms, not according to standard Western conceptions Robert Garnett brings the thought of Friedrich von Hayek and Kenneth Boulding together with that of Adam Smith to explain why 10.1057/9780230114319 - Accepting the Invisible Hand, Edited by Mark D White Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5... explores the moral foundations 10.1057/9780230114319 - Accepting the Invisible Hand, Edited by Mark D White Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5 its best years of scientific creativity, and then for nineteen years at the University of Iowa xvi CONTRIBUTORS Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect... Instead, the market is constitutive of an end, or an essential part of it And that end is dignity—or, to be more precise, ensuring respect for the dignity of persons by allowing them the maximal freedom to pursue their own 10.1057/9780230114319 - Accepting the Invisible Hand, Edited by Mark D White Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5 Chapter... 10.1057/9780230114319 - Accepting the Invisible Hand, Edited by Mark D White Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5 MARKETS AND DIGNIT Y MA RK D W HIT E way: since everyone possesses autonomy and therefore an intrinsic dignity, each of us has a responsibility to acknowledge the dignity of every other person and, when possible, take their well-being into... the rights of men intends to make use of the persons of others merely as a means, without taking into consideration that, as rational beings, they should always be esteemed at the same time as ends, i.e., be esteemed only 10.1057/9780230114319 - Accepting the Invisible Hand, Edited by Mark D White Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5... duties, but they do so out of respect for the moral law itself (the 10.1057/9780230114319 - Accepting the Invisible Hand, Edited by Mark D White Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5 MARKETS AND DIGNIT Y MA RK D W HIT E Kantian ideal for ethical behavior) 29 The market corresponds to the first step, which should not taken to imply that... Institutions Coercion and deceit are not problems only with individual actors; they can also be features of economic institutions and systems as a 10.1057/9780230114319 - Accepting the Invisible Hand, Edited by Mark D White Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5 as beings who must themselves be able to hold the very same action as an end.14... may be too lazy to enroll in a 401(k) when she really wants to, and she may just as well be too lazy to choose not to enroll when she has a very good reason not to enroll But regulators do not consider this, having decided for themselves what is in persons’ real interests and manipulating the choice situation to get them to make the “right” choices It is pure hubris for the choice manipulator to assume... further augmented by recognizing that one of the core interests of persons is in choice or autonomy itself, and a person will 10.1057/9780230114319 - Accepting the Invisible Hand, Edited by Mark D White Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5 8 MARKETS AND DIGNIT Y 9 any plausible theory of what is valuable to a person would include the. .. www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5 P R E FA C E A N D A C K N O W L E D G M E N T S 10.1057/9780230114319 - Accepting the Invisible Hand, Edited by Mark D White Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5 This page intentionally left blank Jennifer A Baker received a BA (philosophy and political theory) from Brown . D. White Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5 Accepting the Invisible Hand Market-Based Approaches to Social-Economic Problems Edited. and thereby promote the more inclusive viewpoints, especially as they concern ethical analyses of economic issues and methods. Accepting the Invisible Hand: Market-Based Approaches to Social-Economic. blank 10.1057/9780230114319 - Accepting the Invisible Hand, Edited by Mark D. White Copyright material from www.palgraveconnect.com - licensed to ETH Zuerich - PalgraveConnect - 201 1-0 4-1 5 Contributors Jennifer