The morals of the market
Keywords:
economic morals, market, right prices, competitionAbstract
Resting on the principle of subsidiarity, the author expresses his preference for the free market instead of any central planified economy, but he analyses its effects on price formation, resource assignment, and wealth distribution. The consequence is always the same: it is necessary to conciliate the right to economic initiative with a regulating intervention by public powers, in conformity with the thesis expressed in Gaudium et spes (65): «There is need as well of the coordination and fitting and harmonious combination of the spontaneous efforts of individuals and of free groups with the undertakings of public authorities.»Downloads
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Published
2018-11-08
How to Cite
González-Carvajal Santabárbara, Luis. “The Morals of the Market”. Estudios Eclesiásticos. Revista de investigación e información teológica y canónica 80, no. 314 (November 8, 2018): 589–608. Accessed July 2, 2024. https://revistas.comillas.edu/index.php/estudioseclesiasticos/article/view/9633.
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Section
Estudios
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