Old hands of Econ 101, we have long grappled with resistance on the part of classroom students to appreciate the virtues of free markets. That resistance in late years appears to have increased. Many students resist edification in free markets because they see it as a lowdown attempt to justify...

A persuasive case for the market process cannot ignore the issue of morality. Unfortunately, while markets and market behavior depend on a moral foundation, it is one that seems inconsistent with the prevailing view of morality. This apparent inconsistency obscures in the minds of many the...