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Body Quote by Richard Allen Epstein

“Do not get yourself into the illusion that there is something so unique about the question of organ or body parts ... that the general rules of economics do not apply.” quote by Richard Allen Epstein
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“Do not get yourself into the illusion that there is something so unique about the question of organ or body parts ... that the general rules of economics do not apply.”

Richard Allen Epstein

About This Quote

Source Article: Law and Economics Review, 1995

Economic principles apply universally, even to organ and body part markets, despite perceived uniqueness.

In simple terms: Economics works everywhere, even for organ markets.

Key Takeaway

Recognize universal economic rules.

Themes

economics law markets ethics

Mood

analytical critical

Type

academic policy

When to use this quote

  • healthcare policy
  • organ donation
  • legal regulation
  • bioethics

Key Concepts

public choice externalities property rights

Questions to Reflect On

  • How do moral values intersect with economic analysis?
  • Should organ markets be regulated differently?
A Different Perspective

Economic analysis may overlook moral considerations.

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