Question

Using simple supply and demand analysis (No Graphs - Just conceptualize), think about the system of allocating human kidneys. The law that forbids the sale of human organs, but allows their voluntary donation. This means that there is a bigger shortage of kidneys than there otherwise would be. Does this fact alter your view of the law forbidding the sale of human organs? How about blood? acer

Answer 1

the law forbids the sale of human kidneys, and thus there is no formal market for it. this is done to avoid any crimes committed for the kidneys. therefore, even though the in the free market, the equilibrium price will be much less, it would not be right for the society as a whole. hence the law should remain in place. same goes for a blood market, as people can commit crimes to extract the blood from their victims which would drive the crime rates up. hence it is for the better that selling blood is illegal