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Letters: November 2012

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By Prospect   November 2012

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The morals of money Michael Sandel’s carefree assumption that economic books should be the preserve of the world’s rulers (“If I ruled the world,” October) tells us much about the world we might create if his ideas were embraced. His insistence that trade in a free market pollutes the product traded is plain wrong. As moral beings, we instinctively distinguish between activities which involve cash and those which do not. The former do not contaminate the latter. Sandel wishes to ban the word “incentivise”. It’s less clear where he…

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