In the case of prostitution, similar arguments apply to some extent to all jobs, but “to some extent” refers to very different degree.
My test would be as follows: ask how much people would have to be paid before they would be willing to take the job (in preference to a job of some arbitrary but fixed level of income and distastefulness) Compare that amount to the price that the job actually gets in a free market. The higher the ratio gets, the worse the moral hazard.
I would expect both prostitution and being a gladiator to score especially low in this regard.
In the case of prostitution, similar arguments apply to some extent to all jobs, but “to some extent” refers to very different degree.
My test would be as follows: ask how much people would have to be paid before they would be willing to take the job (in preference to a job of some arbitrary but fixed level of income and distastefulness) Compare that amount to the price that the job actually gets in a free market. The higher the ratio gets, the worse the moral hazard.
I would expect both prostitution and being a gladiator to score especially low in this regard.