chapter  9
Final thoughts on virtue, the market, and policy
Pages 5

This conclusion presents some concluding thoughts on the concepts discussed in the preceding chapters of the book. This book argues that standard economic theory is incapable of providing useful guidance for a certain class of economic choices and their corresponding policy challenges. An important element in the ethical vision that is proposed by the author for public policy is virtue. In recent years, however, we have witnessed a resurgence of interest in virtue ethics. Bruni and Sugden admit that a filial adherence to market virtues does not constitute by itself a recipe for a well-lived life. They insist, however, that virtues are defined in relation to a particular practice. t seems both true that the world possesses the technical capacity to satisfy its reasonable needs, and that the requisite changes in our habits and instincts remain bound to a period when toil and trouble was the sine qua non of our daily existence.