Quotation of the Day…

by Don Boudreaux on April 15, 2023

in Doux Commerce, Standard of Living

… is from page 13 of my colleagues Virgil Storr’s and Ginny Choi’s excellent 2019 book, Do Markets Corrupt Our Morals?:

The least advantaged in market societies are better off than the least advantaged in nonmarket societies and may be better off than the most well-off in some nonmarket societies. This material fact, we argue, is of moral significance.

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