http://www.townhall.com/columnists/column.aspx?UrlTitle=no_trade-offs&ns=ThomasSowell&dt=08/28/2007&page=2
No Trade-Offs?
By Thomas Sowell
Tuesday, August 28, 2007
***Begin Quote***
More organs to transplant are needed, and people tend to supply more of anything when they are paid more — and especially when they are paid something instead of being paid nothing.
But, here as elsewhere, we must first overcome squeamishness. And the first step is to stop confusing it with being humane.
***End Quote***
We allow the politicians, bureaucrats, and fuzzy thinking sheep to keep us from doing the right thing in some many areas of life.
As you know, I believe that free markets are miniature elections. A buyer and seller can (usually) make a bargain from whence they both benefit. (if they didn’t, then the deal would not close.) That says to the world that X = Y. A barrel of oil is worth 65$. Aside from all other arguments, that sets the stage for people to make decisions and plans. If your potential use would bring you 66$ in value, then you proceed. Otherwise, you decline. It’s an election. And, it’s interesting because it sums up all the wants, need, and desires across all the people. The next barrel is up for bid. The one who needs it “most” will get it. And, they will have the money to pay based on their contributions to their fellow man. Yup, that’s right. The only way to get money is to appeal to you fellow man to give you some by satisfying their needs. The market place is not only an election, rationing agent, and an auctioneer, it’s a mechanism to enforce cooperation.
So, let’s use it to solve the organ donation problem.
# # # # #
You must be logged in to post a comment.