The moral marketplace with ALVIN ROTH

Nobel Prize-winning economist Alvin Roth explains how innovative market designs can reduce exploitation and save lives. Drawing on his pioneering work in kidney exchanges, Roth explores some of society’s most contentious moral dilemmas involving organ markets, surrogacy, and unpacks the ethical tensions surrounding what he calls “repugnant transactions.” Listen to more LIVES WELL LIVED EPISODES on audio platforms! https://pod.link/1743702376 timestamps: 00:00 Introduction to Alvin Roth 01:24 The Nobel Prize Experience 04:17 Understanding Market Design 07:02 The Kidney Exchange Initiative 10:19 Moral Implications of Organ Markets 12:57 Blood Plasma and Ethical Considerations 16:17 Medical Aid in Dying: A Moral Dilemma 35:37 Medical Aid in Dying: A Controversial Topic 36:17 Understanding Repugnant Transactions 39:05 The Complexity of Moral Objections 40:51 Price Gouging: Ethics and Economics 46:35 Paternalism and Consumer Protection 49:45 Harm Reduction in Drug Policy 51:49 Legalization of Soft Drugs: A Double-Edged Sword 55:19 The Case for Legalizing Heroin 58:23 Experimenting with Market Solutions 59:50 The Ethics of Egg Donation 01:03:40 Surrogacy: A Moral and Legal Debate 01:09:51 Reflections on a Well-Lived Life