Are there things that money shouldn’t be able to buy? In an age when the ‘wisdom of the market’ is an orthodoxy embraced by many, it is a question that the neoconservative agenda would suggest borders on heresy.
Yet that is precisely the question economist Michael J. Sandel poses in his compelling and thought-provoking book, What Money Can’t Buy: The Moral Limits of Markets, which I recently read. Written in very accessible language, it’s thesis is that while market principles can work very well in many areas of our society, the increasing reach of those principles into regions once (Read more…)
