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.

The relief of suffering is a great good. The curing of illness and disease - these are great human goods. This is the mission of medicine.

There's no necessary connection between maximizing social utility or economic wealth and creating a flourishing democracy. The first does not guarantee the second. The only way to create a flourishing democracy is to find ways to reason together about the big questions, including hard questions about justice and the common good, to reason together about these questions so that we as citizens can decide how to shape the forces that govern our lives.

Very often when we aim at the best, or what we may think is the best for our children, we aim really at lesser things, such as getting into a certain college.

Markets are useful instruments for organizing productive activity. But unless we want to let the market rewrite the norms that govern social institutions, we need a public debate about the moral limits of markets.

Parenthood is a school for humility. We can't choose the precise traits of our children, and that is morally important. It teaches us what William May, a theologian whom I greatly admire, calls "an openness to the unbidden."

I think it would be a great tragedy to devote medical resources and genetic technological breakthroughs to purposes that are not to do with health or medicine, but instead are to do with satisfying the desires that are created by the consumer society.