Included bibliographical references.

Introduction / Ignazio Musu and Stefano Zamagni -- Moral thinking and economic interaction / Kenneth J. Arrow -- Economic transformation and economic justice / Anthony B. Atkinson -- Modern economics and the idea of citizenship / Partha Dasgupta -- Ethics, efficiency and the social doctrine of the church / Jacques H. Drèze -- Ethics, distribution, incentives, efficiency and markets / Peter J. Hammond -- The ethics of markets and prices / Hendrik S. Houthakker -- Ethics, economic policy and the understanding of economic development / Robert E. Lucas, Jr. -- On the social doctrine of the church / Edmond Malinvaud -- Transition from a planned economy to a market economy / Jeffrey D. Sachs -- Some contemporary economic and social issues / Amartya Sen -- Incentives, efficiency and equity in a market economy / Horst Siebert -- From a centralized command economy to a market economy / Witold Trzeciakowski -- Institutions, development, environment / Hirofumi Uzawa.