Perfect Markets and Easy Virtue: Business Ethics and the Invisible Hand

by William J. Baumol and Sue Anne Batey Blackman

Sue Anne Batey Blackman (Secondary Author)

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Book cover for Perfect Markets and Easy Virtue

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How businesses affect economies and societies

Can companies operate with social responsibility? Perfect Markets and Easy Virtue: Business Ethics and the Invisible Hand scrutinizes the effects of a competitive business market on society. It proposes that perfect competition encourages the creation of products with lower quality by firms that find it hard to be socially responsible. The book also offers potential solutions for the issues businesses are facing, such as being competitive and environmentally friendly.

  • ISBN10 1557862486
  • ISBN13 9781557862488
  • Publish Date 6 February 1992
  • Publish Status Active
  • Publish Country GB
  • Publisher John Wiley and Sons Ltd
  • Imprint Wiley-Blackwell
  • Format Hardcover
  • Pages 148
  • Language English