The Illusion of Free Markets: Punishment and the Myth of Natural Order

(Harvard University Press) The author traces the birth of the idea of natural orderliness to 18th-century economic thought and its gradual evolution into today’s myth of the free market, and explores how it has produced the largest government-run penal sphere on the globe. Harcourt is the Julius Kreeger Professor of Law and professor and chair of the Department of Political Science at the University of Chicago.

Paw in print

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PAW's July/August 2025 issue cover, featuring a photo of people dressed in orange and black, marching in the P-rade, and the headline: Reunions, Back in Orange & Black.
The Latest Issue

July 2025

On the cover: Wilton Virgo ’00 and his classmates celebrate during the P-rade.