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 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 Do you have questions or comments, or just want to say hello? Email us at ⁠⁠⁠⁠[email protected] For full Pesca content and updates, check out our website at https://www.mikepesca.com/⁠ For ad-free content or to become a Pesca Plus subscriber, check out ⁠⁠⁠⁠https://subscribe.mikepesca.com/ For Mike's daily takes on Substack, subscribe to The Gist List https://mikepesca.substack.com/ Follow us on Social Media:⁠⁠⁠⁠ YouTube https://www.youtube.com/channel/UC4_bh0wHgk2YfpKf4rg40_g⁠⁠⁠⁠ Instagram https://www.instagram.com/pescagist/ X https://x.com/pescami TikTok https://www.tiktok.com/@pescagist To advertise on the show, contact ⁠⁠⁠⁠[email protected] Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.