This paper addresses the question of what role morally oriented behavior plays in the efficiency of market outcomes. This issue is as controversial in economics as it is in sociology. To get a better understanding of the problems and opportunities involved in morally oriented behavior in...

The inequality delusion and other scapegoats for populism -- The fairness instinct -- Economic unfairness and the rise of populism -- The twin virtues of equal opportunity and fair unequal outcomes -- Constraints and solutions to economic fairness -- Conclusion. Scripting a path forward.