Business Ethics Journal Review 7 (4):21-26 (2020)

Marc A. Cohen
Seattle University
Joseph Heath states that our paper “misinterpret[s]” and so misrepresents his account. The present Commentary corrects the record. Our paper (Cohen and Peterson 2019) outlined Heath’s account on his own terms; it explained that Heath distances himself from consequentialism. But then we argued that Heath is mistaken and so offered a repaired version of the market failures approach. Our central concern, in the original paper and in this short Commentary, is showing that the economic argument for markets is at the same time ethical, and then being more precise about the ethical consideration that does the work.
Keywords market failures approach  markets
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Morality and the Invisible Hand.Christopher McMahon - 1981 - Philosophy and Public Affairs 10 (3):247-277.

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