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    1. Ekonomi och Ledarskap
    2. Nationalekonomi
    3. Mikroekonomi

    Markets and Morals

    Justifying Kidney Sales and Legalizing Prostitution

    AvYew-Kwang Ng

    Inbunden, Engelska, 2019

    1 335 kr

    Beställningsvara. Skickas inom 10-15 vardagar. Fri frakt över 249 kr.

    Fler format och utgåvor

    E-bok

    520 kr

    E-bok

    520 kr

    Häftad

    430 kr

    Beskrivning

    Considering efficiency, equality, and morality, this book argues for qualified market expansion, particularly in legalizing kidney sales and prostitution. Legalizing prostitution will benefit both men and women, as argued in a chapter jointly written with Yan Wang. Blood donation without monetary compensation can still result in adequate blood supply if schools educate children that blood donation can actually benefit a donor's health. As a society becomes more advanced, with higher incomes and a better educated populace, more activities can be subject to market exchange, with gradual popular acceptance. Without serious misinformation and irrationality, inequality/fairness as such cannot be a valid reason for limiting the scope of the market. The book supports the use of markets to increase efficiency while also increasing the effort to promote equality, making all income groups better off.

    Produktinformation

    • Utgivningsdatum:2019-03-14
    • Mått:156 x 235 x 15 mm
    • Vikt:440 g
    • Format:Inbunden
    • Språk:Engelska
    • Antal sidor:220
    • Förlag:Cambridge University Press
    • ISBN:9781107194946

    Utforska kategorier

    • Mikroekonomi inom Ekonomi och Ledarskap
    • Ekonomisk politik inom Ekonomi och Ledarskap
    • Filosofiska discipliner inom Filosofi och religion

    Mer om författaren

    Yew-Kwang NG is Professor in Economics, Nanyang Technological University; emeritus professor, Monash University; fellow of the Academy of Social Sciences in Australia; member of the Advisory Board, Global Priorities Institute, Oxford University. In 2007, he received the highest award (Distinguished Fellow) of the Economic Society of Australia. He has also been invited to deliver the inaugural Professor Sir Tony Atkinson Memorial Lecture at Oxford University in 2018. He has 11.5 papers (joint papers counted fractionally) in the top five journals in economics, including one published when an undergraduate. He has also published more than 30 books and more than 250 refereed journal papers in economics, biology, cosmology, informetrics, mathematics, philosophy, psychology, and sociology, including the American Economic Review, The Economic Journal, Journal of Political Economy, and The Review of Economic Studies.

    Recensioner i media

    'Critics of commodification often simply state their prejudices against certain markets. They offer indictments without evidence. And they rarely think through the downsides of their proposals. In this thorough and well-researched book, Yew-Kwang Ng demonstrates that there are feasible ways to commodify various taboo products and services, which would save lives, help the poor, and generate excellent consequences for all involved. Adopting Yew-Kwang Ng's policy ideas would do a tremendous amount of good.' Jason Brennan, Georgetown University

    Innehållsförteckning

    • Preface; Acknowledgements; 1. Introduction; 2. The well-known case of lateness fees; 3. Extending economic analysis; 4. The anti-market sentiment; 5. The inequality/exploitation case against commodification is invalid; 6. Repugnance? Similar to 'honour' killing; 7. Crowding out or crowding in?; 8. Market expansion is a mark of progress; 9. The case for legalising kidney sales; 10. Making presumed consent the default option; 11. Blood donation; 12. Prostitution Yan Wang and Yew-Kwang Ng; 13. Conscription; 14. Profiteering; 15. Water: a typical case of under-pricing; 16. Fines, imprisonment, or whipping?; 17. Some specific areas; 18. Concluding remarks.