vocational, a family purposes everything but it is part of a full person. >>host: william damon says the greatest danger reface other than terrorism and not indicative of the citizenry capable to sustain liberty which is our most precious legacy. here is the cover of the book. "failing liberty 101" professor william damon at stanford. faq for being on booktv. >>guest: did you very much

>>host: joining us now from stanford professor debra satz professor of ethics and philosophy at stanford and has written this book "why some things should not be for sale" the moral limits of markets" professor why is a professor writing about economics? good question involves different dimensions a and budgets are matters of our values and economics inevitably raises questions about some of the most obvious questions of the legitimacy that the market produces so there are questions what should we

think about markets a and toxic waste or markets with access to information? purveyed different than automobile markets? so those raise questions of ethics. you cannot think about modern market than their role without thinking about the myriad of goods that markets produce. >>host: one of the things they do write about is prostitution. should that be for sale? >>guest: i don't have an easy way to enter this i think it is more complicated what i try to do in my book is take intuitive reactions

from the market's most people react differently even if they think it should be legal they think there is something different about selling sex than apples or cars or organs or about selling health care. selling health care. i see if there are features of the markets that concern us if there is a way to why we react differently. so i developed a theory theory, there are four different dimensions that i argued give rise and not all markets worry is in the same way. and they're all not happy in

their own way. i have the four dimensions that are similar so to think about prostitution that is important that the way that exist in our society especially with a speech speech, prostitution people are pretty desperate it often affair under the control of other people, often a high percentage of street walkers are addicts. there are features that the apple market doesn't have most people buying and selling apples are now addicted were under the thumb of somebody controlling them with the ability to say no and walk away. that is not the case of many instances of prostitution so i looked at could reregulate

prostitution to get rid of some of the concerns? does the remain even in this society that drives people to prostitution? >>host: those four parameters very quickly is the vulnerability, a week agency come extremely harmful outcomes for individuals and society. where does prostitution fall? >> the vulnerability of the prostitute one of the more popular aspects again it takes many forms but some are very young and many are under the control of other people who make decisions what they do but not on their own ehalf but with

systematic equality their prostitution could play a role so the incidence of rape and violence is that many, many times higher against those who are not prostitutes why is that? we deal with the illegal activity it could go away if it was legal but dealing with full verbal people. >>host: if we could take the save for parameters to apply to selling a kiddie? right now do people have a right if they want to sell a kidney, do so? >>guest: it is illegal in

almost every country of the world to sell it or give me think i wray and is the only country it is legal. there have been times where it has been legal and this is a big black market. although it is not a forced when you look at the black-market you see a lot of the parameters. i could give you a striking example of an undergraduate student who studied people who sold their kidney in india when it was legalized for a very short period. he found 85 people in the one thing he found was a significant number did not know how many they had so they got bad information and

they did not in the state of the consequences of selling the kidney. in the united states it is relatively safe is possible to live with one kidney. when you have access to clean water and a comfortable life you can be fine but in the context to sell kiddies in india there were a lot of consequences of lot of people sold the kid need to get out of debt. the most didn't and wear body parts are available, predators' use them as a collateral for loans. even if i didn't want to know i have affected by a very pork trying to get a

loan now suddenly the pricing of loans has changed because other people have collateral and if i don't, i am less likely to attract prospects as a competitor. that is a very concerning issue to tell you something else about markets that they often have third-party fax for those who were not involved in the exchange at all i will give you one other example. child labor. where a society has child labor is illegal in most countries that they don't want to enforce adult wages

are low because there is more labor and to if i don't want to send my children to work because i will be less able to keep my child for of going into work for you can close off the option but to it the largest the options for people. we have to be careful when you think about policy and to draw conclusions from anything i write but i tried to liberalize the all markets are the same. >>host: adam smith, carl marks, are we anywhere in the of a city or what they were right teeing about?

>> some of their insights are with us but very abstract sova in the economist rights the equations did did not matter if it was kipnis or apples. what is he was concerned to. there are no equations but the equilibrium of and they affect people's motivation that may not be compatible and he is market on negative marked that. it is very different if you hang it out with me.

if i offered you money, you could be insulted their a lot of ways to but but also what we might care about it it happens when you pay somebody for doing something that they would have done for free in such a way that what they're paid the whole motivation changes. at stanford years ago they study the little kids. they gave them jellybeans if they read and sometimes if they just read a and kids

but the incentive. but it happens across the board. but we have to make sure they're not nonmarket dimensions of life but the financial reward. >>host: teachings philosophy, the ethics at stanford. professor debra satz "why some things should not be for sale" the moral limits of markets."

its >> the story begins with a failed artist a and architect and it that applied to the vienna academy of fine arts and to it rejected and it became in issue as he rises to power the story begins may the 1938 when hitler in the nazi live leaders to the first visit to rome with mussolini to look at this wonderful sculpture and after four or five days, they only had 10 hours but more than two were allocated to visit the great museum of florence following the introduction.

they worked through the story quarters and then made it to the impeachment museum and to have a chance that it showed him the art of what was possible to build a museum. he made drawings and sketches but we hope to have the model and hoped to be part of the museum. with knotty germany invasion of poland to the museum's robert you're up close. works of art were packed up

and moved out of the city with fear of damage from the allied bombing. some hundred 4,000 objects in the same took place 1941. a and it is a lee it was on multiple occasions to the countryside the news such as the economist david created a silo but officials of our concern to destroying his feeling in deccan only hope this would reflect to save the sculpture. of course, the united of vinci's more important to

work it was protected with wooden. a and that fear was realized august big a -- 1840's three when the british bombed the cultural center with in the courtyard to obliterate the east wall, the dining hall isn't leaving it exposed to the elements and it would be some time before officials could build a new roof and it would be two years before all the art would removal of the sandbagged to teacher man if that would survive. of this was surely after the

bomb fell a and you can see this offers a new clear perspective. bad about that same kind kind, the newspaper article that a new kind a soldier that is chair -- a charge the responsibility was to help allied commanders and would avoid them? they would attempt to try to other important structures to of fiat -- avoid but they

birdseed defect go. >>host: what's inside your summer reading list? >> i have read a book on my night table and i started rea. but i am also wondering a book. i do meditate, i have done yoga for 30 years. >> restaurants with a group

of teenagers posted on the facebook page or send us any mail at c-span.org work. >> up next we interview seven the author of. >>host: we are in london talks with british authors. . .