Should economics have fewer taboos? With Alvin Roth
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Should economics have fewer taboos? With Alvin Roth
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Economists like to think of their discipline as a rational science. But might we make better decisions if we ditched some of our moral aversions? Specifically: would we make better choices if we learned to conquer moral repugnance? Alvin Roth, Nobel laureate, and author of the recent book ‘Moral Economics’, tells host Soumaya Keynes why a free market in kidneys and surrogacy makes economic sense, and what he makes of prediction markets.
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Further reading
When is it OK for economists to experiment on people?
So you tried to buy a country . . .
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Read a transcript of this episode on FT.com
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