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The Virtues of Capitalism: A Moral Case for Free Markets
Scott Rae, Austin Hill
[PDF.yh47] The Virtues of Capitalism: A Moral Case for Free Markets
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|Hill and Rae shrewdly reveal the positive effects of religious and political traditions on economic performance. Even in the midst of the Great Recession, the authors show that capitalism in the United States is shaped by biblical values, and
In the aftermath of the recent economic downturn, some observers leveled harsh criticism against free-market economies. In the spring of 2009, for instance, an article in the The London Telegraph insisted that the industrialized West must re-articulate its moral case for market capitalism. Additionally, numerous commentators proclaimed the days of unfettered markets to be over.
In this timely and balanced book, Austin Hill and Scott Rae agree wi...
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