Liberty, Property, and the Morality of Markets


This conference examined the relationship between free markets, private property rights, and ethics. In particular, the conferees investigated how capitalism is grounded in, and contributes to, a moral order.


From Liberty Fund

The Roots of Capitalism

by By John Chamberlain

Capitalism is a system that can stand on its own attainments, says John Chamberlain, and he offers here a fast-paced, provocative look at the intellectual forces and practical accomplishments that have created American capitalism.

In clear, unequivocal language he discusses the ideas responsible for our economic institutions, the originators of…

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Additional Readings

Acton, H. B. The Morals of Markets and Related Essays. Edited by David Gordon and Jeremy Shearmur. Indianapolis: Liberty Fund, Inc., 1993.

Alchian, Armen A. The Collected Works of Armen A. Alchian, Volume 2: Property Rights and Economic Behavior. Edited by Daniel K. Benjamin. Indianapolis: Liberty Fund, Inc., 2006.

Buchanan, James M. The Collected Works of James M. Buchanan, Volume 18: Federalism, Liberty, and the Law. Indianapolis: Liberty Fund, Inc., 2001.

Friedman, Milton. Capitalism and Freedom. Chicago: University of Chicago Press, 1982.

Heyne, Paul. "Are Economists Basically Immoral?". Edited by Geoffrey Brennan and A.M.C. Waterman. Indianapolis: Liberty Fund, Inc., 2008.

Hoppe, Hans-Hermann. “The Ethics and Economics of Private Property.” Ludwig von Mises Institute. (May 17, 2012).

Lal, Deepak, “The Challenge of Globalization: There is no Third Way” In Global Fortune, edited by Ian Vasquez, 29-41. Washington, D.C.: Cato Institute, 2000.

Mises, Ludwig von. The Anti-Capitalistic Mentality. Edited by Bettina Bien Greaves. Indianapolis: Liberty Fund, Inc., 2006.

Rogge, Benjamin A. Can Capitalism Survive?. Indianapolis: Liberty Fund, 1979.

Rothbard, Murray N. The Ethics of Liberty. New York: New York University Press, 2002.

Seldon, Arthur. The Collected Works of Arthur Seldon, Volume I: The Virtues of Capitalism. Edited by Colin Robinson. Indianapolis: Liberty Fund, Inc., 2004.

Sirc, Ljubo. Why the Communist Economies Failed. London: Centre for Research into Communist Economies, 1994.