If you go back to Adam Smith, you find the idea that markets and market forces operate as an invisible hand. This is the traditional laissez-faire market idea. But today, when economics is increasingly defined as the science of incentive, it becomes clear that the use of incentives involves quite active intervention, either by an economist or a policy maker, in using financial inducements to motivate behavior. In fact, so much though that we now almost take for granted that incentives are central to the subject of economics.
Michael SandelI think people who want to use genetic technologies to gain a competitive edge for their children are engaging in a kind of overreaching that could really undermine our appreciation of children as gifts for which we should be grateful and, instead, to view them as products or instruments that are there to be molded and directed.
Michael SandelThey say the state should not impose on its citizens a preferred way of life, but should leave them as free as possible to choose their own values and ends, consistent with a similar liberty for others.
Michael SandelWhat intrigued me most was not the technology as such but the questions about the human goods, the fundamental human values and virtues that are raised by debates over biotechnology.
Michael Sandel