Alasdair MacIntyre was installed in 1989 as the first occupant of the McMahon/Hank Chair in Philosophy at the University of Notre Dame. On April 18, 1990, he delivered his inaugural lecture, “The Privatization of Good,” before a large and appreciative audience in Notre Dame's Center for Continuing Education. He invited three Notre Dame colleagues to comment on his presentation: Donald P. Kommers, Professor of Law and Government, and Editor of The Review of Politics; William David Solomon, Associate Professor of Philosophy; and Richard McCormick, S.J., John A. O'Brien Professor of Christian Ethics. The following pages include the inaugural address, the remarks of two of the three commentators, and Professor Maclntyre's response. The editors wish to thank Professor MacIntyre for his cooperation in publishing his inaugural address.