loquasagacious
NCAP Mooderator
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- 2004
For Sale: One Kidney? - Freakonomics Blog - NYTimes.comfreakonomics said:Virginia Postrel examines the kidney donation system in the United States, where 11 people die every day waiting for a kidney transplant. Exchanging organs for payment is illegal in the U.S. although recent developments in organ exchanges, including donation chains, have been successful. These innovations alone, however, won’t solve the problem, and Postrel advocates a new system that includes both financial incentives and measures to protect donors.
Basically there is a critical shortage of donated organs imo the best solution to this is legalising the buying and selling of organs in an open market. Courtesy of the invisible hand of the market an organ price will emerge which is sufficient incentive to bring much larger numbers of organs to the people who need them.
There are of course many interesting new business models which might emerge in these markets. Chimp and pig organs selling at lower price-points than human organs, artificial organs, private health insurers buying organs on behalf of clients, markets for organ futures/options/forwards, using organs as collateral, selling liver tissue several times a year, etc etc.
Just like any other contract an organ contract would be bound by contract law, especially relevant would be laws relating to fair treatment in asymmeterical relationships. On top of this there would be other existing applicable legislation and likely new legislation to place some rules around acceptable conduct.
Ultimately though an organ market would mean, more organs for people who need them.
What are your thoughts? Would you sell a kidney to put yourself through uni? How about selling 10% of your liver to fund a holiday? Are you in favour of organ markets or opposed?