Professor Cohen's Ideas to End Transplant Organ Shortages Highlighted in Article
Professor Lloyd Cohen commented on ways to end the shortage in transplant organs in a recent news article.
Love, altruism won't fix organ shortage, Pittsburgh Tribune Review, October 9, 2005. By Bill Steigerwald.
"No ethicist called for a congressional investigation into the causes of our permanent organ shortage. But the solution is as simple as Econ 101, say free-marketeers like law professor Lloyd Cohen of George Mason University: repeal the 1984 National Organ Transplantation Act, which prohibits people from buying or selling human organs, and allow people to be paid for donating their organs.
Cohen has spent 16 years urging market-oriented legal reforms that would increase the supply of organs from cadavers for transplant patients. His best idea, which he describes in Regulation magazine, is to create a futures market whereby 'healthy people would be offered the opportunity to give an "option" on their transplantable organs.'
The organs, recovered after their donors die, would sell for a predetermined price of, say, $5,000 for a kidney. The money would be paid to the donor's heirs or estate."