JS Mill and market harms: a response to Endorfer: a response to Endörfer
JS Mill and market harms: a response to Endorfer: a response to Endörfer
Endörfer has recently argued that proponents of the harm principle are wrong to exempt market harms as potential justifications for state interference. I argue that – contrary to suggestions in Endörfer’s article – John Stuart Mill did not exempt market harms from his harm principle. On Mill’s view, the state can (as a matter of principle) legitimately interfere with free markets to prevent market harms where they occur but, on the whole, it is better policy not to interfere. Mill’s general preference for free trade rests on utilitarian considerations and not on his harm principle, which does not exclude market harms.
Endörfer, J.S. Mill, harm, markets
1-6
Saunders, Ben
aed7ba9f-f519-4bbf-a554-db25b684037d
24 March 2023
Saunders, Ben
aed7ba9f-f519-4bbf-a554-db25b684037d
Saunders, Ben
(2023)
JS Mill and market harms: a response to Endorfer: a response to Endörfer.
Economics and Philosophy, 20, .
(doi:10.1017/S026626712300010X).
Abstract
Endörfer has recently argued that proponents of the harm principle are wrong to exempt market harms as potential justifications for state interference. I argue that – contrary to suggestions in Endörfer’s article – John Stuart Mill did not exempt market harms from his harm principle. On Mill’s view, the state can (as a matter of principle) legitimately interfere with free markets to prevent market harms where they occur but, on the whole, it is better policy not to interfere. Mill’s general preference for free trade rests on utilitarian considerations and not on his harm principle, which does not exclude market harms.
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Accepted/In Press date: 31 December 2022
e-pub ahead of print date: 24 March 2023
Published date: 24 March 2023
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© The Author(s), 2023. Published by Cambridge University Press.
Keywords:
Endörfer, J.S. Mill, harm, markets
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Local EPrints ID: 476776
URI: http://eprints.soton.ac.uk/id/eprint/476776
ISSN: 0266-2671
PURE UUID: 4a4799d8-1ae3-4ec0-9488-f6d4342331e6
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Date deposited: 15 May 2023 17:05
Last modified: 17 Mar 2024 03:36
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