The Invisible Hand and the Common Good

1. Front Matter

   Pages I-XVI

   PDF

2. Introduction

   1. Introduction

      • Bernard Hodgson

      Pages 1-9

3. Setting the Problem

   1. Front Matter

      Pages 11-11

      PDF

   2. Public Interest and Self-Interest in the Market and the Democratic Process

      • Peter Koslowski

      Pages 13-37

   3. The Invisible Hand and Thinness of the Common Good

      • Richard De George

      Pages 38-47

4. Constraining the Invisible Hand

   1. Front Matter

      Pages 49-49

      PDF

   2. Hiring Invisible Hands for Public Works

      • Edward J. Nell

      Pages 51-68

   3. A Market Failures Approach to Business Ethics

      • Joseph Heath

      Pages 69-89

   4. Abstractions and Conceptual Automata in Economics and Non-Economics

      • Stephen Regoczei

      Pages 90-117

5. Moral Rights and Market Society

   1. Front Matter

      Pages 119-119

      PDF

   2. The Inherent Rights of For-Profit Corporations

      • John Douglas Bishop

      Pages 121-133

   3. Degrees of Property

      • Michael Neumann

      Pages 134-148

6. The Tyranny of the Invisible Hand

   1. Front Matter

      Pages 149-149

      PDF

   2. Understanding Market Theology

      • John McMurtry

      Pages 151-182

   3. General Equilibrium Theory as Normative Ideal Social Order

      • Dennis Badeen

      Pages 183-204

7. Economic Theory and Normative Realism

   1. Front Matter

      Pages 205-205

      PDF

   2. The Efficiency of the Non-profit Enterprise: Constitutional Ideology, Conformist Preferences and Reputation

      • Lorenzo Sacconi

      Pages 207-256

   3. Transformational Economics and the Public Good

      • David G. Holdsworth

      Pages 257-278

   4. On Economic Men Bearing Gifts and Playing Fair

      • Bernard Hodgson

      Pages 279-298

8. Free Hands and Moral Communities

   1. Front Matter

      Pages 299-299

      PDF

This volume consists of papers derived from the Ninth International Conference on Studies in Economic Ethics and Philosophy (SEEP), held at Trent University in Peterborough, Ontario, Canada, in June of 2002. Let me take this opportunity to express my appreciation to Professor Peter Koslowski for his original stimulus, encouragement, and continual assistance in making the Conference a success. I would also like to thank my Trent colleague, Professor David Holdsworth, for his steadfast help in the management of the Conference and the papers resulting from it. I am obliged to Mr. Louis Taylor of North George Studios in Peterborough for his expert professional service in preparing the manuscript for printing. Finally, let me gratefully acknowledge the generous financial sponsorship of the Conference by the Social Sciences and Humanities Research Council of Canada, and Trent University's Department of Philosophy and Graduate Centre for the Study of Theory, Culture, and Politics. Bernard Hodgson Department of Philosophy Trent University Peterborough, Ontario, Canada May 2004 Contents Preface . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . IX Introduction BERNARD HODGSON . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Part One Setting the Problem Chapter 1 Public Interest and Self-Interest in the Market and the Democratic Process PETER KOSLOWSKI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Chapter2 The Invisible Hand and Thinness of the Common Good RICHARD DE GEORGE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 CONTENTS Part Two Constraining the Invisible Hand Chapter 3 Hiring Invisible Hands for Public Works EDWARDJ. NELL . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 Chapter4 A Market Failures Approach to Business Ethics JOSEPH HEATH . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 Chapter 5 Abstractions and Conceptual Automata in Economics and Non-Economics STEPHEN REGOCZEI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

• Capitalism
• Governance
• Invisible Hand
• Nation
• Political Science
• Public Goods
• agents
• ethics
• ideology
• morality
• philosophy
• political economy

• Department of Philosophy, Lady Eaton College, Trent University, Peterborough, Canada

  Bernard Hodgson

Policies and ethics