One of the standard topics in economic approaches to the law is to discuss the massive market failures caused by not permitting markets in infants; see for example, Landes and Richard Posner’s “The Economics of the Baby Shortage”. I thought their analysis pretty convincing.
One of the standard topics in economic approaches to the law is to discuss the massive market failures caused by not permitting markets in infants; see for example, Landes and Richard Posner’s “The Economics of the Baby Shortage”. I thought their analysis pretty convincing.