Morals and Markets: An Evolutionary Account of the Modern World
"Anyone interested in markets and morals -- perhaps the central issue of our time -- should read this very interesting and thoughtful book." -- Tyler Cowen, Professor of Economics, George Mason University"The message markets plus moral is excellent-- it is consonant with behavioral game theory’s results, including experiments with small-scale societies, and with McCloskey’s recent book on bourgeois morality.  But, Friedman’s message is simpler and clearer." -- Herbert Gintis, Santa Fe Institute, Central Europe University (Budapest)  "I have been waiting for someone to write this book for a long time. Its use of historical anecdotes to explain why one cannot divorce a society's economics from its social contract is utterly convincing." -- Ken Binmore, Professor Emeritus, University College London "This book expertly addresses the most important issues confronting the continued evolution of morals and instituions for human socioeconomic betterment." --    Vernon L. Smith, George L. Argyros Chair in Finance & Economics, Chapman University