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

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 …