For Sale, By Owner

Hidden Brain

Hidden Brain Media

Arts, Science, Performing Arts, Social Sciences

4.6 • 40.4K Ratings

🗓️ 4 March 2019

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

You own your body. So should you be able to sell parts of it? This week, we explore the concept of "repugnant transactions" with the man who coined the term, Nobel Prize- winning economist Al Roth. He says repugnant transactions can range from selling organs to poorly-planned gift exchanges — and what's repugnant in one place and time is often not repugnant in another.

Transcript

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0:00.0	This is Hidden Brain, I'm Shankar Vedanta.
0:04.3	Let's say someone wanted to buy one of your eyes.
0:08.3	Would you go for it?
0:09.4	I wouldn't sell my eyes.
0:10.9	No.
0:12.9	Because side is precious.
0:14.8	Okay, but would you say yes for a million dollars?
0:19.8	No.
0:20.8	No.
0:21.3	No.
0:21.8	Because I had a lot of vision problems growing up and I already have like
0:25.6	resolved that.
0:26.4	I went through lay sticks.
0:27.2	I'm like good now.
0:28.3	What about 10 million dollars?
0:32.9	Well.
0:37.4	I don't think so.
0:38.4	Yeah, I'm going to still say I'm going to pass.
0:40.4	Yeah.
0:41.1	If you said 10 million dollars, tell you I'm building a house in Honduras,
0:46.2	I'm helping the fam.
0:47.3	I'm just like have an eye patch on like slick rig and we good.
	...

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