Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas11 Touko

353 | Alvin Roth on the Economics of Morally Contested Markets

Economic markets are efficient ways of deciding fair prices, at least in ideal circumstances of perfect competition, information, and choice. But there is more to life than fair prices. Two people might decide on a fair price to carry out a contract killing, but society generally frowns on the idea. Many examples of morally contestable markets feature less consensus than that one: sex work, drugs, selling organs, adopting children. In his new book Moral Economics, economist Alvin Roth investigates how we should reason through such tricky cases, and what we can learn from them.

Get twenty percent off your first purchase at Fast Growing Trees when using the code MINDSCAPE at checkout.

Mindscape listeners get free shipping and 365-day returns on clothing from Quince.

Blog post with transcript: https://www.preposterousuniverse.com/podcast/2026/05/11/353-alvin-roth-on-the-economics-of-morally-contested-markets/

Support Mindscape on Patreon.

Alvin Roth received his Ph.D. in operations research from Stanford University. He is currently the Craig and Susan McCaw Professor of Economics at Stanford University and the Gund Professor of Economics and Business Administration Emeritus at Harvard. He was President of the American Economic Association in 2017. He and Lloyd Shapley shared the 2012 Nobel Prize in Economics for "the theory of stable allocations and the practice of market design."

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(427)

170 | Priya Natarajan on Galaxies, Black Holes, and Cosmic Anomalies

There is so much we don't know about our universe. But our curiosity about the unknown shouldn't blind us to the incredible progress we have made in cosmology over the last century. We know the univer...

25 Loka 20211h 27min

169 | C. Thi Nguyen on Games, Art, Values, and Agency

Games are everywhere, but why exactly do we play them? It seems counterintuitive, to artificially invent goals and obstacles just so we can struggle to achieve them. (And in some games, like Twister, ...

18 Loka 20211h 24min

AMA | October 2021

Welcome to the October 2021 Ask Me Anything episode of Mindscape! These monthly excursions are funded by Patreon supporters (who are also the ones asking the questions). I take the large number of que...

14 Loka 20212h 59min

168 | Anil Seth on Emergence, Information, and Consciousness

Those of us who think that that the laws of physics underlying everyday life are completely known tend to also think that consciousness is an emergent phenomenon that must be compatible with those law...

11 Loka 20211h 25min

167 | Chiara Marletto on Constructor Theory, Physics, and Possibility

Traditional physics works within the "Laplacian paradigm": you give me the state of the universe (or some closed system), some equations of motion, then I use those equations to evolve the system thro...

4 Loka 20211h 35min

166 | Betül Kaçar on Paleogenomics and Ancient Life

In the question to understand the biology of life, we are (so far) limited to what happened here on Earth. That includes the diversity of biological organisms today, but also its entire past history. ...

27 Syys 20211h 14min

165 | Kathryn Paige Harden on Genetics, Luck, and Fairness

It's pretty clear that our genes affect, though they don't completely determine, who we grow up to be; children's physical and mental characteristics are not completely unrelated to those of their par...

20 Syys 20211h 25min

AMA | September 2021

Welcome to the September 2021 Ask Me Anything episode of Mindscape! These monthly excursions are funded by Patreon supporters (who are also the ones asking the questions). I take the large number of q...

16 Syys 20213h 38min