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Michael Sandel on Money and Morality

43 minutes
First broadcast:
Monday 21 May 2012

On Start the Week Andrew Marr discusses the relationship between markets and morals with the political philosopher Michael Sandel. In his latest book, What Money Can't Buy, Sandel questions the dominance of the financial markets in our daily lives, in which everything has a price. But the economist Diane Coyle stands up for her much maligned profession, and points to the many benefits of a market economy. The Russian economist Grigory Yavlinksy argues against viewing the world of money as separate from culture and society: he believes the financial crisis was merely a symptom of a wider moral collapse, and that it is time to examine the way we live.

Producer: Katy Hickman.


    Michael Sandel is the Anne T. and Robert M. Bass Professor of Government at Harvard University.

    'What Money Can’t Buy: The Moral Limits of Markets' is published by Allen Lane.

    Michael Sandel

    Grigory Yavlinsky is a Russian economist and founder and member of the Russian United Democratic Party (YABLOKO).

    'Realeconomik: The Hidden Cause of the Great Recession (And How to Avert the Next One)' is published by Yale University Press.

    Grigory Yavlinsky

    Diane Coyle is an economist and author.

    'The Economics of Enough: How to Run the Economy as if the Future Matters' was published last year by Princeton University Press and Diane has just given the Tanner Lectures at Brasenose College, Oxford on ‘The Public Responsibilities of the Economist’.

    Enlightenment Economics


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