The Necessity of the Moral Supports in a Market Economy – Mark Mitchell

1 Feb

Good lecture on the moral foundations of the market economy.  As a classical conservative, Political Theorist Mark Mitchell argues  that market economies tend to raise the standard of living for all, but are not self-sustaining and self-perpetuating.  Rather, free economies must depend upon an adequate moral framework for them to be as beneficial as they can be.  Citing often the work of one of my favorite economists, Wilhelm Ropke, Mitchell warns lovers of free market capitalism of the limits of markets and their incapacity to bring about true genuine human flourishing.  Highly recommended:

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