Should economics have fewer taboos? With Alvin Roth

Description

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.The inaugural FT Weekend Festival in New York City is fast approaching, with a line-up featuring Paul Krugman, Martin Wolf, Gillian Tett, and plenty more. Join on Saturday, June 20, at Spring Studios or online. Register now and as a podcast listener, save 10% using our code FTPODCAST.Further readingWhen is it OK for economists to experiment on people?So you tried to buy a country . . .Subscribe to Soumaya's show on Apple, Spotify, Pocket Casts or wherever you listen. Hosted on Acast. See acast.com/privacy for more information.