The Ethics of a Free Market
MIT Economist Jon Gruber explains why economists love auctions, why the free market doesn't quite work without intervention, and how a kidney auction once reached $5.7 million on eBay.
Jon Gruber on the Chalk Radio® podcast: https://www.youtube.com/watch?v=dLg9MK1hv2Y
Jon's Intro to Microeconomics course: https://www.youtube.com/watch?v=8ssjKR7nNck&list=PLUl4u3cNGP60V7HxLYRaJMbFzP77bzEjb
Watch on YouTube ↗
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