Leading economist Professor Yew-Kwang Ng in conversation with research director of our Morality & Markets project, Dr Simon Kaye. Are some goods are just too problematic to be distributed by markets? Is hedonistic utilitarianism a plausible foundation for policy? What is the best approach to tackling climate change?
The Project for Modern Democracy is embarking on a new research project, Morality & Markets. Our aim is to examine the causes of the current crisis of confidence in the ability of markets to deliver prosperity for all. We will seek to identify practical steps to restore faith that markets can operate in the interests of all society.
In this introductory blog post, Simon Kaye and Christopher Howarth identify some of the questions the project will seek to answer.