This important book shows how market economies exhibit and require virtues. The chapter on entrepreneurship is especially important. We do well to remember that a society which obstructs entrepreneurship may become miserably poor, but one in which entrepreneurs are vicious and not virtuous will struggle to promote human flourishing.

Philip Booth, Professor of Catholic Social Thought and Public Policy, St. Mary's University, UK

This book offers a novel account of the ethics of markets drawing upon the natural goodness approach of Foot and Thompson. In dialogue with psychologists like Pinker, organizational economists like Coase, and behavioural economists like Kahneman, Miller shows that human nature contains distinct powers that underwrite the human capacity to participate in mutually beneficial economic exchanges and requires distinct virtues to perfect these powers. It should be read widely by philosophers, business ethicists, management scholars, and economists interested in the ethical underpinnings of free markets.

Caleb Bernacchio, Legendre-Soulé Chair in Business Ethics, Loyola University New Orleans, USA