A Free Market in Kidneys Would Be Efficient and Equitable
A Case of Too Much Romance
By Michael Brooks
This article appeared in the Spring 2003 issue of The Independent Review.
Barnett, Saliba and Walker have argued that a market for kidneys can be made efficient and equitable if government acts as a third-party payer-of-last-resort. But because their analysis rests on an overly romantic view of government, their conclusionthat the medical shortage would be eliminated and everyone who could benefit from a kidney transplant would be able to get onedoes not hold.
Michael Brooks is senior lecturer in the School of Economics at the University of Tasmania, Hobart, Australia.
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