Market Capitalism and Moral Values brings together a distinguished group of academics, policy advisors and policy makers who provide detailed discussion of some of the key issues at the intersection of economics and ethics. These essays combine academic rigour and clarity of presentation in...

The commonly held view that an ethical approach to arms sales is desirable but ‘unaffordable’ because jobs and exports are at stake is challenged by Samuel Brittan. He argues that it arises from a failure to understand the circular flow of income, the fallacy of a ‘lump of...