The Gist

·E3022

Alvin Roth: "A Repugnant Transaction Is a Morally Contested Transaction"

May 22
32 mins

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Episode Description

Today on The Gist, the upcoming Enhanced Games are analyzed not as an ethical crisis, but as a weak, corporate-sponsored satire of athletic boundaries. Then, Nobel Prize-winning economist Alvin Roth joins the show to discuss his book Moral Economics: From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work. He maps out the baseline difference between evolutionary disgust and social repugnance, diving into historic natural experiments, including Rhode Island’s accidental legalization of indoor prostitution and the downstream legalities of international surrogacy, to reveal the real-world trade-offs of market bans. Finally, in the spiel, the latest legislative chaos out of Washington is unpacked, showing how the constant breaking of institutional norms has simply become par for the course.

Produced by Corey Wara

Video and Social Media by Geoff Craig

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