Roman Catholic social thought has had much to say about economic life: about virtues and moral principles, about individuals, communities, and institutions. Catholic social thought (CST) is a complex body of ideas that has real consequences, well-described by Hans Urs von Balthasar as...

Does a consumer who bought a shirt made in another nation bear any moral responsibility when the women who sewed that shirt die in a factory fire or in the collapse of the building? Many have asserted, without explanation, that because markets cause harms to distant others, consumers bear moral...

Many economists have defended capitalism; most have tried to do so within the self-imposed methodological constraint that economists should employ only empirical arguments, not normative ones. This essay examines three classic amoral defenses of capitalism—by Milton Friedman, James Buchanan,...

Recent British welfare reform involves the creation of a managed welfare market for the delivery of employment programmes. This article critically reviews evidence on the development and impacts of such markets in Australia, the USA and the Netherlands. It considers the emergence of problems...

This study assesses the context and development of the British NMW and the evidence of its impact. The study outlines the earlier system of Wages Councils, abolished in 1993 as part of the British Conservative Government's policy that, from the early 1980s, had deregulated much of the British...