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Markets and Regulation

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Markets and Regulation

This teaching topic introduces students to the ethical issues that policymakers sometimes confront when they consider intervening in market activity through regulation. Specific issues addressed include the regulation and commodification of environmental property rights and the appropriate role of government in regulating markets for human organs.

Recommended Reading (University of Toronto PPG 2011)

Michael J. Sandel, “Should We Buy the Right to Pollute?, Ch. 14 of Public Philosophy: Essays on Morality in Politics (Harvard University Press. 2005), 93-96

Eric A. Posner and Matthew D. Adler, New Foundations of Cost-Benefit Analysis (Harvard University Press. 2006), 160-182

Debra Satz, “Ethical Issues in the Supply and Demand of Human Kidneys,” Ch. 9 of Why Some Things Should Not be For Sale: The Moral Limits of Markets (Oxford University Press, 2010), 189-206

K. Aramesh, “Iran’s Experience with Surrogate Motherhood: An Islamic View and Ethical Concerns,” Journal of Medical Ethics 35 (May, 2009), 320-322

Elizabeth Anderson, “Is Women’s Labor a Commodity?” Philosophy and Public Affairs 19 (1990), 71-92

 Alireza Bagheri, “Compensated Kidney Donation: An Ethical Review of the Iranian Model,” Kennedy Institute of Ethics Journal 16, 2006, 269-282

Bernard Teo, “Organs For Transplantation: The Singapore Experience,” Hastings Center Report, November-December, 1991, 10-13; and Sally Satel, “Yuan a Kidney?,” slate, June 13, 2011

Source: University of Toronto PPG 2011 Syllabus 

Page Created By: Ben Eisen, last updated on 6 August, 2013


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School of Public Policy and Governance