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...

"When people encounter goods in the marketplace - sugar, clothes, phones, etc. - there is a slim chance they will seek information about the origins of those goods. Far more likely is that the goods will remain anonymous, and the labor that went into making them, the supply chain through which...

The Left has seized on our economic troubles as an excuse to "blame the rich guy" and paint a picture of capitalism and the free market as selfish, greedy, and cruel. Democrats in Congress and "Occupy" protesters across the country assert that the free market is not only unforgiving, it's...