TheBitCast

Nobel Prize Winner on "Moral Economics"

Podcast: Reasonably Happy with Paul Ollinger · Paul Ollinger

Opublikowano: 2026-07-31

This week, I sit down with Dr. Alvin Roth, Nobel Prize-winning economist, Stanford professor, and author of Moral Economics: From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work. Al lays out why so-called repugnant markets like kidney sales, prostitution, horse meat aren't moral failures so much as trade-offs we refuse to name, and argues we should judge controversial markets by their real-world consequences instead of instinct alone. We cover why it's easier to buy heroin than hire a hitman, Iran's legal kidney market versus America's black market, the actual winners and losers of rent control...