Sunday, February 16, 2014

Lars P. Syll on how amorality implies morality in the minds of market fundamentalists


Amorality of markets = individual morality and social justice? Depends on the assumptions, like "just deserts." Which is, of course, circular reasoning that assumes the conclusion.

Lars P Syll's Blog
Greg Mankiw — the inequality defender
Lars P. Syll | Professor, Malmo University

See also Paul Krugman's and Dean Baker's responses to Mankiw's "just deserts" at Economist's View, 'It's Not Just Talent and Hard Work' by Mark Thoma

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