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On the Possibility of Organ Markets and the Performativity of Economics

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  • Philip Roscoe

Abstract

Callon's (1998) 'performativity thesis' encourages us to consider how the boundaries of the economy are negotiated. This paper explores one such discussion: the contributions of economics to the debates over the introduction of markets for transplant organs. The paper pays particular attention to the normative aspects of economic valuation. It examines the philosophical antecedents of economic contributions to the debate, notes the rhetorical and linguistic power of economic calculation and then focuses on three distinct sets of calculations concerning the value of a transplant kidney: a contingent valuation calculation, a risk-premia based calculation, and a cost-efficiency simulation. In each case, it shows that economic facts, once created, may travel freely through normative debates and claim moral force. The technical process of economic modelling is therefore seen to be a crucial aspect of the economisation of this area, and of economic performativity more generally.

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  • Philip Roscoe, 2013. "On the Possibility of Organ Markets and the Performativity of Economics," Journal of Cultural Economy, Taylor & Francis Journals, vol. 6(4), pages 386-401, November.
    • Handle: RePEc:taf:jculte:v:6:y:2013:i:4:p:386-401
    DOI: 10.1080/17530350.2013.772069
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    References listed on IDEAS

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    1. Friedman, Milton, 1966. "Essays in Positive Economics," University of Chicago Press Economics Books, University of Chicago Press, number 9780226264035, January.
    2. Donald MacKenzie, 2006. "An Engine, Not a Camera: How Financial Models Shape Markets," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262134608, April.
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    Cited by:

    1. Philip Roscoe & Barbara Townley, 2016. "Unsettling issues: valuing public goods and the production of matters of concern," Journal of Cultural Economy, Taylor & Francis Journals, vol. 9(2), pages 121-126, April.

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