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.
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The Latest Issue
July 2025
On the cover: Wilton Virgo ’00 and his classmates celebrate during the P-rade.