The Moral Foundation of Economic Behavior

At the Republican debate, this past Saturday night, the question was raised about the impact of fidelity and by connection trustworthiness, on Presidential character. Perhaps that was the wrong question. Perhaps the better question was not on how trustworthiness impacts character, but how a sense of trust and moral understanding might actually impact public policy, economies and fairness? How does trust, morality and a sense of fairness shape our view of how the economy should work? To answer, we only need look at how greed and pure opportunism has shaped the events of the past two years. Professor David C. Rose, in The Moral Foundation of Economic Behavior shows us how moral choices do play a role in the development and operation of market economies. My conversation with David Rose: