September 26, 2008

Markets In Everything: Wet Nurses

With apologies to MR, from the FP Passport:
Amid China's tainted-milk scandal (the subject of this week's photo essay), parents are frightened of buying milk and formula off the shelf for their children. A Chinese entrepreneur was bound to find a way to provide parents an alternative, and one owner of a domestic services company has: the milk nanny.

The entrepreneur, Lin Zhimin, put an ad on the Internet offering the service of milk nannies -- lactating women who get paid for giving away their milk. Calls started pouring in.

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