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Diamonds from Sierra Leone 03:51 Diamonds from Sierra Leone
From Late Registration (2005).
This song deals with the ethics of the diamond trade. Contributed by Charity-Joy Acchiardo
Big Bang Theory -- The Endowment Effect of WOW 01:06 Big Bang Theory -- The Endowment Effect of WOW
From The Big Bang Theory (2010).
Sheldon's World of Warcraft account get hacked and all of his "priceless" posessions are stolen. A nice discussion starter about the time value of money and the efforts that people will go to recover goods that have been placed on the black market. Contributed by James Tierney
Boston Legal: Can't We All Get a Lung? 10:56 Boston Legal: Can't We All Get a Lung?
From Boston Legal: Can't We All Get a Lung? (2006).
This clip demonstrates a black market transaction in the market for organs. Daniel Post is arrested for paying for the college education of a man who will plans to donate a lung to him. The man is dying of an inoperable brain tumor. Contributed by Linda Ghent
Shawshank Redemption -- Money in Prison 00:45 Shawshank Redemption -- Money in Prison
From The Shawshank Redemption (1994).
In this short clip, Red trades cigarettes for an inmate to smuggle in contraband. Contributed by James Tierney
Law and Order: SVU - Black Market Kidneys 06:21 Law and Order: SVU - Black Market Kidneys
From Law and Order SVU: Episode 622 - Parts (2005).
Thousands of people in the United States are on a waiting list to receive a kidney. Every day, over a dozen people on this waiting list die. Kidneys must be donated, and cannot be sold. In other words, there is a price ceiling of zero on kidneys. Economists believe this is the reason for the severe kidney shortage. Would there be more kidneys (and fewer deaths) if people were allowed to sell their kidney? Price ceilings cause black markets to develop to help alleviate the shortage. Contributed by Dave Brown
Breaking Bad: Missing Serial Number Breaking Bad: Missing Serial Number
From Breaking Bad (2011).
Walter tries to buy a gun illegally. Contributed by Jadrian