What Are the Limits to Markets?

Lead Essay

  • If You May Do It for Free, You May Do It for Money by Jason Brennan and Peter Jaworski

    Jason Brennan and Peter Jaworski take on the critics of commodification. They first offer a typology of arguments against buying and selling otherwise licit items and actions. These critical arguments include claims of exploitation, misallocation, corruption, harm, and - likely the most controversial case - a class of objections that they term semiotic. Semiotic objections to market behavior claim that buying and selling can in some circumstances express wrongful attitudes. Brennan and Jaworski review examples of these arguments and show why in their view they are mistaken. They then offer a means by which they might be proven wrong; but so far, they say, no one has done it.

Coming Up

Essays by Robert Kuttner and Benjamin R. Barber. Conversation to follow through the end of the month.

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