Political Theory

Re: Organ market

Egoist — Fri, 02 Jul 2010 10:52:58 GMT

I had never heard of any of them before I found this site by myself. My teacher did not even mention Hayek or the austrian school. But this is high school, people problably get to know about this kind of economics later in life.

Anyway, this is a little off the topic, I will probably come back with more reflection about organs and prices later!

Best regards!

Re: Organ market

Jon Irenicus — Fri, 02 Jul 2010 05:38:27 GMT

I think it is strange though, because you guys, Mises, Hayek and so on really seems to know a few things.

? Do you mean they're not well known?

I suggest you read Man, Economy & State with Power & The Market when you get the time. It'll erode most of the nonsense you'll be taught at school and give you a starting point from which to move to other, deeper Austrian works.

Re: Organ market

Egoist — Thu, 01 Jul 2010 12:49:56 GMT

Thanks for your replies everybody!

It is actually pretty fun, because a few weeks after I had asked the question about how to grow organs, on this forum, we read about genetic engineering on the natural science in school, haha :) We read a lot about creating organs from stamcells, not only "existing" organs like a regular lever or a heart, but also create tottally new organs that man has never seen before, fit to cure special diseases and so on. Really cool, this organ production can be truly great in the future!

Someone asked me about Bastiat. I think his essay "That wich is seen, and that wich is not seen" was pretty enjoyable to read, compared to other texts (in the school litterature etc) in the same subject. His language was not that hard for me, but that can have something to do with the fact that I am really interested in old litterature and that kind of stuff, so I am used to the most kind of language. My teacher suggested me to read a book about John Maynard Keynes, because he "constitute" the modern economics. If I am interested in free market economics, he recomended Milton Friedman, but he is not an "Austrian economist", or is he? We have been taught about three different "directions" in the economic science. The socialistic one, that says that government should do the most stuff in the economy. The free market part that says that government should only take care of the money to keep the inlation in check and leave the rest to the free market with competition and all that, and then the "keynesian" perspective wich is like a mixed between both :) Regulation is necessary, but we must also have some capitalism. But the austrian, pretty radical perspective that says we should END the central bank and government should not create money, was not included. I did not have the curage to point that out though, because I am such a noob at this, I haven't hardly read anything about economics so I am not tempted to discuss with my teacher when he is talking about all this complicated stuff,

I think it is strange though, because you guys, Mises, Hayek and so on really seems to know a few things. I doubt that you are completely way off in this subject. But i really think you are right about organs, It just make sense what you have write in this thread! ;)

Best regards!

BTW: I would like to remind you that my capabilities in english are very limited, as you probably have noticed. Sorry about that!

Re: Organ market

Giant_Joe — Sun, 27 Jun 2010 19:24:02 GMT

Why do you think harvesting organs is good? Why is it necessary?

I didn't say that, nor did I imply that.

Re: Organ market

scineram — Sun, 27 Jun 2010 12:14:30 GMT

Why do you think harvesting organs is good? Why is it necessary?

Re: Organ market

Giant_Joe — Sun, 27 Jun 2010 08:48:36 GMT

You just blew the case for organ markets.

No, you blew the case for restructuring debt.

Re: Organ market

BrianAnderson — Sun, 27 Jun 2010 03:29:34 GMT

No. Organs are scarce. Rich buyers will drive up the price of organs. The higher price will cause more people to want to sell their organs. It may also make people want to invest in technology to grow organs inside animals.

I can't think of any easier explanation that more completely sums up the free market.

Re: Organ market

scineram — Sun, 27 Jun 2010 03:23:02 GMT

You just blew the case for organ markets.

Re: Organ market

Giant_Joe — Sat, 26 Jun 2010 23:11:34 GMT

Can you be forced to sell them to pay debt?

I suppose it's possible. Then again, in a "free market" people could negotiate on how they'd refinance their loans.

Re: Organ market

scineram — Sat, 26 Jun 2010 21:20:41 GMT

Can you be forced to sell them to pay debt?

Re: Organ market

MarketFundamentalist — Sat, 26 Jun 2010 04:11:16 GMT

Let the free market decide.

Re: Organ market

G8R HED — Wed, 23 Jun 2010 12:41:34 GMT

Thanks Sieben.

I was just being selfish - trying to come up with a good reason not to have a market for organs.

I subjectively resent someone else placing a value on a kidney I am already using.

What next - make it mandatory to sell it when I'm done with it?

Granted, the situation we have now is no better. A fixed price of $0.00 - organ sale prohibition - promotes organized crime.

I don't see that fixing any other price on organs would do anything different.

Every other market allows the owner to determine whether or not his property is for sale and what price he decides is worth more than the property itself. Why should a market for organs be any different?

Re: Organ market

Sieben — Tue, 22 Jun 2010 14:02:41 GMT

Scarcity is not about who has a claim to it... its about there being only a relatively amount of organs and demand for a lot more...

Re: Organ market

G8R HED — Tue, 22 Jun 2010 13:26:32 GMT

assimilateur:

Only MY organs are scarce.

Excuse me?

It's just that I'm using them right now and may object to someone else placing them on the market.

From the standpoint of individualism is it not only the organs you have that are scarce? (....because no one else has a legitimate claim to them and, likewise, you have no legitimate claim to organs that others are using? )

Re: Organ market

assimilateur — Mon, 21 Jun 2010 09:20:08 GMT

Only MY organs are scarce.

Excuse me?