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Markets, Morals and the Road Ahead: A Conversation with Nobel Laureate Professor Alvin Roth

I speak to Nobel Prize Winner, Professor Alvin Roth on 'Moral Economics', exploring repugnant transactions — exchanges willing parties want but others would ban. Drawing on kidney exchange, vaccine challenge trials, surrogacy,…

Dr. Vikas Shah MBE DL 5 May 2026 33 min read

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Banning a market in which some people nevertheless want to participate may be the first step in designing the illegal black market that will emerge.

— Roth on bans and black markets

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