The Economic Functions of Vice
by John McElroy
About this book
John McElroy's The Economic Functions of Vice asks a provocative question—could behaviors labeled "vice" play a measurable role in economic and social life?
Published in 1906 during the Progressive Era, this nonfiction work blends social commentary, economic reasoning, and public-policy observation to examine how activities commonly condemned by moralists intersect with markets, public health, and urban governance. McElroy uses vivid natural metaphors and contemporary examples to explore population pressures, labor dynamics, crime control, and the costs and benefits of tolerating or suppressing vice. Rather than offering moralizing platitudes, he traces the practical consequences of prohibition, regulation, and laissez-faire attitudes, urging policymakers to weigh social ideals against unintended economic effects. The book situates its arguments in early-20th-century America, when rapid industrialization and urban growth forced fresh thinking about social order and reform.
Ideal for listeners of nonfiction, economic history, and social theory, this audiobook will appeal to scholars, policy wonks, and curious readers who want a historical perspective on how societies balance morality, economics, and public order.
