Franklin

Markets and morals : justifying kidney sales and legalizing prostitution / Yew-Kwang Ng.

Author/Creator:
Ng, Yew-Kwang, author.
Publication:
Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2019.
Format/Description:
Book
xi, 209 pages ; 23 cm
Subjects:
Economics -- Moral and ethical aspects.
Capitalism -- Moral and ethical aspects.
Summary:
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.
Notes:
Includes bibliographical references and index.
ISBN:
9781107194946
1107194946
9781316646571
1316646572
OCLC:
1050456977
Loading...
Location Notes Your Loan Policy
Description Status Barcode Your Loan Policy