As children within the foster care system age, they suffer greater emotional, educational, and criminal justice problems than adoptees—and they become less likely to be adopted. By auctioning the right to adopt children—overseen by government agencies that assess and approve individual adoptions—revenues from the most desired adoptees could help subsidize the adoption of hard-to-place children and leave fewer children behind in foster care.

Simon Hakim is a Research Fellow at the Independent Institute and Professor of Economics at Temple University.
Erwin A. Blackstone is a Research Fellow at the Independent Institute and Professor of Economics at Temple University.
EconomyFree Market Economics