Nobel Laureates in Economics 2012: Recognised for designing unusual markets

Some time back, a sister of a friend of this writer had been seriously ill with the malfunctioning of both her kidneys. The available medical treatment was to get a donor with a compatible kidney to donate one.

The donation in this case is just a pretext on paper and it is actually a sale of a kidney for profits, since in Sri Lanka there is no legal market for live human body parts. Hence, there is a thriving underground market for kidneys in which many people earn a living.