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Trust, Titmuss and blood

Shearmur, Jeremy


Richard Titmuss challenged the market-based approach to social problems in the case of blood supply. His criticisms can, however, be answered if a system of strict liability is in place and if commerce works effectively with charitable activity. It is false to draw a dichotomy between markets and narrow self-interest, on the one hand, and mechanisms that make for the well-being of others, on the other.

CollectionsANU Research Publications
Date published: 2001
Type: Journal article
Source: Economic Affairs
DOI: 10.1111/1468-0270.00272


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