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 SandelFirst, individual rights cannot be sacrificed for the sake of the general good, and second, the principles of justice that specify these rights cannot be premised on any particular vision of the good life. What justifies the rights is not that they maximize the general welfare or otherwise promote the good, but rather that they comprise a fair framework within which individuals and groups can choose their own values and ends, consistent with a similar liberty for others.
Michael SandelI think part of being a parent, to love one's child, is to accept them as they come - not to see them as instruments of our ambition or as creatures to be molded, as if they were themselves commodities.
Michael SandelThere is a tendency to think that if we engage too directly with moral questions in politics, that's a recipe for disagreement, and for that matter, a recipe for intolerance and coercion.
Michael SandelI do not argue that nature is sacrosanct in the sense that we must never tamper with nature. That would disempower, really, all of medicine. That would mean that we can't combat dread diseases - malaria, polio, all of which are given by nature, if one thinks about it.
Michael Sandel