ABSTRACT
In our society, defenses of the market come primarily from those concerned with economic and material well-being. Those who see themselves as the protectors of morality are more likely to be antipathetic to the market. But what about the positive moral effects of the market that tend to get overlooked in narrowly economistic discussions about production and distribution? To be sure, many of these benefits also have potential costs. But since these costs tend to receive the most attention from moralists, I will note them here without dilating upon them, not because they are less significant but because they are likely to be more familiar.
