Posts Tagged ‘the market’

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    Kidney Markets?

    Sep 8, 10 • 438 Views • 3 Comments

    What should we be able to buy and sell? Alcohol? Land? People? Body Parts? In a Teaching Company lecture on organ transplants, Wake Forest economist Robert Whaples says that the answers depend on the market’s boundaries. And, he soon adds, those...  [read more]

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    Everyone Rations

    Jul 12, 10 • 344 Views • 1 Comment

    I am concerned that the word “ration” has a bad reputation. In a recent CBS story about a new Medicare/Medicaid head, and throughout the healthcare reform debate, stories about reputed “rationing” kept popping up. There was no...  [read more]

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    Appreciating the Market

    Mar 30, 10 • 301 Views • No Comments

    In a recent WSJ interview, Nobel laureate Gary Becker tells us that, “Markets are tough to appreciate.” The reason, he says, is people feel government can better care for them than a profit seeking individual. Calling markets...  [read more]

  • Is the Market Ethical?

    Jan 12, 10 • 280 Views • No Comments

    Some people believe that government should control areas that we consider most valuable while others say precisely the opposite. The “war” between government believers and market believers was evident in Saturday’s Wall Street Journal....  [read more]