Markets Need Moral Formation

Updated: 2026.03.11 10H ago 1 sources
Economic liberty is sustainable only if citizens and institutions cultivate moral sentiments—sympathy, restraint, and civic decency—so markets don't devolve into corrosive behavior. Policy and civic debate should therefore treat moral education and cultural institutions as part of economic policy, not outside it. — This reframes market policy debates to include civic and moral formation as a core lever for sustaining liberal institutions, affecting education, regulation, and community policy choices.

Sources

A Deeply Human Vision
Samuel Gregg 2026.03.11 100% relevant
Samuel Gregg’s argument that Adam Smith’s Theory of Moral Sentiments is essential to maintaining the commercial society described in The Wealth of Nations (and his citing of Helen Dale and Scottish Enlightenment thinkers).
← Back to All Ideas