All posts tagged with: altruism

Does Lowering Barriers to Goodness Promote Pathological Altruism?

In The Freeman today, Fred Foldvary asks “Do Markets Promote Immoral Behavior?” After distinguishing markets (buying and selling operating within an ethical and legal framework) from bazaars (spaces characterized merely by buying and selling) and exploring the universal ethic operational within markets, (in Foldvary’s definition ethical action hinges upon voluntary actions and transactions that generate beneficial consequences), Foldvary goes on to discuss the ways in which markets not only inhibit immoral behavior but also promote good.