Abstract
Abstract It is usual in debates over the appropriate limits of markets to note that there are some goods—such as Nobel Prizes, academic grades, military medals, friendship, and love—that cannot be bought and sold. But while it is common to hold that the nature of certain goods precludes their monetary transfer, there has been no systematic account of why this is so. This paper will remedy this omission by identifying the properties that preclude the possibility of the monetary alienability of the goods that possess them. And while this will identify some goods that money cannot buy, many other goods that are believed to be beyond the reach of the market will turn out to be monetarily alienable—including all of those mentioned above.
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