For many, markets are the most efficient way in general to organize production and distribution in a complex economy. But what about those markets we might label noxious--markets in addictive drugs, say, or in sex? In Why Some Things Should Not Be for Sale, philosopher Debra Satz takes a penetrating look at those commodity exchanges that strike most of us as problematic. What considerations, she asks, ought to guide the debates about such markets? Satz contends that categories previously used by philosophers and economists are of limited use in addressing such markets because they...
For many, markets are the most efficient way in general to organize production and distribution in a complex economy. But what about those markets we ...