In this chapter, it was stated that a private property right also involves having the right to

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In this chapter, it was stated that a private property right also involves having the right to transfer or exchange what you own with others. However, selling your organs is a violation of federal law, a felony punishable by up to ve years in prison or a $50,000 ne. In fact, eBay intervened when a person put one of his kidneys up for sale on the auction site (the bidding reached $5.7 million before the auction was halted). Does this lack of legal ability to exchange mean that individuals do not own their own organs? Explain.

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Microeconomics Private And Public Choice

ISBN: 9781305506893

16th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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