In answering three important questions related to natural law,this paper offers a coherent explanation of the market.We argue that the market,rather than a mechanism that simply serves narrow self-interests,finds its ...In answering three important questions related to natural law,this paper offers a coherent explanation of the market.We argue that the market,rather than a mechanism that simply serves narrow self-interests,finds its legitimacy in the ethical origins of the market order.The need for law to support and sustain the market,including by imposing necessary limits on the freedom of the market players,flows from those ethical origins.展开更多
文摘In answering three important questions related to natural law,this paper offers a coherent explanation of the market.We argue that the market,rather than a mechanism that simply serves narrow self-interests,finds its legitimacy in the ethical origins of the market order.The need for law to support and sustain the market,including by imposing necessary limits on the freedom of the market players,flows from those ethical origins.