University of Hertfordshire

From the same journal

Moral Markets: The Critical Role of Values in the Economy

Research output: Contribution to journalBook/Film/Article review


  • 903101

    Accepted author manuscript, 73 KB, PDF document

  • Geoffrey M. Hodgson
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Original languageEnglish
Number of pages5
Pages (from-to)1184-1188
JournalJournal of Economic Issues
Journal publication dateDec 2008
Publication statusPublished - Dec 2008


This is an interesting and important collection of essays, indicating some important shifts of thinking and some of the positive benefits of work in "neuro-economics." The title of the volume has a double meaning: (1) that (some or all) markets are intrinsically and morally good, or (2) that despite the role of self-interest, market transactions are unavoidably infused with moral considerations. The comments on the back cover point to the latter meaning, redolent of Adam Smith in the Moral Sentiments. So I was disappointed to find that the editor and some of the contributors also entertain a crude version of the first.


Copyright Newfound Press/ the author

ID: 425369