A clear and incisive review and critique of the widely scattered
arguments, both economic and moral, which bear on the merits of
markets . . . will be very useful for students in political
philosophy and applied philosophy courses in which issues of
distributive justice are considered.
*Norman Daniels, Tufts University*
Contains the most thorough and systematic analysis of economic and
moral arguments both for and against the market as an instrument of
resource allocation. It is a remarkable work, written to be
accessible to the undergraduate, but argued with sufficient depth,
originality and rigor to demand the attention of the professional
philosopher and the economist concerned with the philosophical
implications and foundations of his discipline.
*Jules Coleman, University of Arizona*
Buchanan offers a welcome dose of common sense and careful
reasoning . . . a cogent demolition of several strong positions
that are often asserted.
*Russell Hardin, University of Chicago*
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