Every year, 20 June marks World Refugee Day . The UNHCR notes that for the 42 million uprooted people around the world, “a shortage or lack of the essentials of life – clean water, food, sanitation, shelter, health care and protection from violence and abuse – means that every day can be a struggle just to survive.”
So how could this situation be improved? In the first of his lectures as part of the Reith Lecture Series 2009 , Harvard professor Michael Sandel discusses the idea of tradable refugee quotas. In this system, each country would be allocated a yearly quota based on national wealth. Then, states would be free to buy and sell these obligations – and, according to market logic, everyone benefits: Countries unwilling to accept refugees meet their obligations through outsourcing, those willing to accept gain a new source of revenue, and more refugees are rescued than would otherwise find asylum.