We've discussed the legal infrastructure of a commercial society, but what is the moral infrastructure? What sorts of values and habits must a commercial people embody, especially according to Weber and Hayek? What was Ferguson's critique of Mandeville's thoughts on the moral infrastructure of a commercial society?

How did Ferguson argue that Aristotle's moral account was superior to Immanuel Kant's? Many people assume that a commercial society is utilitarian, but Ferguson argued that utilitarianism is a failed ethic. Why?

What does the term 'virtue' mean? Choose three particular virtues of the business person that our readings discussed in detail. Describe them and how they apply to life in business. Give concrete examples. Can you practice one virtue without the others? Why or why not?