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Article: The Moral Economy.(Review)
- Article from:
- Independent Review
- Article date:
- June 22, 2000
- Author:
CopyrightCOPYRIGHT 2000 Independent Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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* The Moral Economy
By John P. Powelson
Ann Arbor: University of Michigan Press, 1998. Pp. 282. $32.50 cloth.
The life of an economist living in Seattle in the autumn of 1999 was an interesting one. The scheduled meeting of the World Trade Organization (WTO) at the end of November had galvanized anti-market groups throughout the world. In the months preceding the WTO gathering, the local media reported regularly on the plans and pronouncements of activists who would be assembling in Seattle to publicize their discontents.
It soon became apparent that for the activists, with the exception of labor union members, most of whom had a much ...