> Market failures are a rich literature Sure, I was not saying markets are perfect, I asked what system with no markets is better? > There is no single system

> Market failures are a rich literature Sure, I was not saying markets are perfect, I asked what system with no markets is better? > There is no single system that does better universally, but there are plenty of narrow fixes that do fine. Agreed. > As an example, scarce donor organs are not allocated based on ability to pay, but in other ways: https://optn.transplant.hrsa.gov/learn/about-transplantation.. https://optn.transplant.hrsa.gov/learn/about-transplantation.... And if you investigate it I'm sure you'll also find plenty of examples of failures in organ allocation.