This is a transcript of the Freakonomics Radio podcast “Do You Really Want to Know Your Future?” [MUSIC: Rob Bridgett, “ava”] Nancy WEXLER: I think for my mother and for our family, the whole family was very important. You know, she was very kind to us, and she was very loving, and very warm. I think […] Read More »
Alex Tabarrok explores the world of egg donation, which is heavily regulated by the Society for Assisted Reproductive Technology (SART) and the American Society for Reproductive Medicine (ASRM). The two organizations effectively limit egg donor compensation to $5,000-$10,000, acting as a “buyer’s cartel,” in Tabarrok’s words:
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In 2011, Lindsay Kamakahi launched a class action suit against ASRM-SART challenging their horizontal price-fixing agreement as per se illegal under the Sherman Antitrust Act. ASRM-SART tried to have the case dismissed but a judge recently denied the dismissal in the process making it clear that the plaintiffs have a good case.
ASRM-SART argue that their maximum price is really about protecting women and that compensation “should not be so excessive as to constitute undue inducement.” Egg donation does involve extensive screening, time and some health risks. One would think, however, that the proper response for those interested in protecting women would be to ensure that the women are fully informed and that they are paid high wages not low wages.
Cartoonist Manu Cornet has a simple economic fix for oversleeping.
(HT: Hans van der Drift)
We’ve written before about an unintended consequences of state repeals of motorcycle helmet laws: more organs available for transplant. Here’s one more consequence, from Michigan, which stopped requiring helmets last year:
State legislators changed the law last year so that only riders younger than 21 must wear helmets. The average insurance payment on a motorcycle injury claim was $5,410 in the two years before the law was changed, and $7,257 after it was changed – an increase of 34 percent, the study by the Highway Loss Data Institute found.
After adjusting for the age and type of motorcycle, rider age, gender, marital status, weather and other factors, the actual increase was about 22 percent relative to a group of four comparative states, Illinois, Indiana, Ohio and Wisconsin, the study found.
“The cost per injury claim is significantly higher after the law changed than before, which is consistent with other research that shows riding without a helmet leads to more head injuries,” David Zuby, chief research officer for the data institute and an affiliated organization, the Insurance Institute for Highway Safety, said.
(HT: Kevin Murphy)
This is a transcript of the Freakonomics Radio podcast “Why Family and Business Don’t Mix.” Kai RYSSDAL: Time now for a little bit of Freakonomics Radio, that moment every couple of weeks we talk to Stephen Dubner, the co-author of the books and the blog of the same name. It is — all together now — […] Read More »
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Google translate renders the headline “Donate one of your kidneys to be exempted from military service.”
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We need to make it harder to buy pills in bottles of 50 or 100 that can be easily dumped out and swallowed. We should not be selling big bottles of Tylenol and other drugs that are typically implicated in overdoses, like prescription painkillers and Valium-type drugs, called benzodiazepines. Pills should be packaged in blister packs of 16 or 25. Anyone who wanted 50 would have to buy numerous blister packages and sit down and push out the pills one by one. Turns out you really, really have to want to commit suicide to push out 50 pills. And most people are not that committed.