Reddit mentions of Markets without Limits

This book would be of interest to you, I think.

Jason Brennan's Markets without Limits was an important moral theory about commodification and I think filled a huge gap.

Horwitz's Hayek's Modern Family is another one -although I couldn't find time to read it yet-

Private Governance by Edward Stringham is another contribution to the ancap institutional theory.

This year Jason Brennan will publish another book, Against Democracy, and it will probably be excellent, Jason Brennan is easly my top 5 libertarians alive.

You may be interested in Jason Brennan and Peter Jaworski's book, Markets Without Limits, short summary here. They argue that anything you may permissibly do for free, you may permissibly do for money. They also map the landscape of common objections:

>1. Exploitation: Buying and selling certain goods—such as sex—might take pernicious advantage of others’ misfortune.
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>2. Misallocation: Buying and selling certain goods—such as “free” tickets to “Shakespeare in the Park”—might cause the goods to be distributed unfairly.
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>3. Corruption: Buying and selling certain goods—such as violent video games or pornography—might cause us to have bad attitudes, beliefs, or character.
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>4. Harm: Buying and selling certain goods—such as naming rights for children—might harm people.
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>5. Semiotic: Buying and selling certain goods—such as kidneys—might express wrongful attitudes, or violate the meaning of the good in question, or might be incompatible with the intrinsic dignity of some activity, thing, or person.

Michael Sandel takes up some of these objections in What Money Can't Buy: The Moral Limits of Markets

Some thoughts about your particular situation:

You say "I hold the ticket and earn the right to do with it as I please because I paid for it." Of course, you have the legal right to do whatever you want with the ticket. But the question you're interested in is whether it's morally right to resell the ticket for profit, not whether you're legally entitled. A principle like by paying for something, I gain the moral right to use it however I please seems too strong--if I buy a knife, this doesn't give me a moral right to go around stabbing people. Perhaps by paying for things, we gain the moral right to use them however we please so long as we do not violate other constraints/rights. But then we're just back to asking whether there is some moral constraint that prohibits you from reselling the ticket for profit. So I don't think the fact that you paid for the ticket, by itself, can settle the issue.

On the other hand, why would we think that reselling the ticket for profit would violate a moral constraint? Your friend says that buying with the intent to resell is wrong. Maybe there's something to this (perhaps it treats the seller as a mere means?), but I'd like to see an argument better spelled out.

One final point: you might view your actions as providing a valuable service to the person who buys the ticket from you. They disvalue waiting in line more than you, but they value the ticket more than you. So it's hard to see how you're acting wrongly towards the buyer.

Jason Brennan and Peter Jaworski's Markets without Limits: Moral Virtues and Commercial Interests is a rebuttal to Sandel.

https://www.amazon.com/Markets-without-Limits-Commercial-Interests/dp/0415737354