<p>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.</p><br><p>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.</p><br><p><u>Further reading</u></p><p><a href="https://www.ft.com/content/df7c0a50-dcc6-4b3a-b3dc-22f742125421?accessToken=zwAAAZ7Bsq7kkdPffApQ3MZLOtOz3CL3QhJUIQE.MEQCIHC1093IkQ3TrNtrcdfpI8uAeLQEJP81PGYg5mVCAadSAiBp9dP8cda4reYpcP5yPgk-hF2swtdiav72dCf3G2wwVw&amp;segmentId=85462057-4e57-56c2-164f-e4ce1f09e15f" rel="noopener noreferrer" target="_blank">When is it OK for economists to experiment on people?</a></p><p><a href="https://www.ft.com/content/3fb72493-61aa-477c-8893-6928cc23e3a2?accessToken=zwAAAZ7Bw8dNkc8_tySTYapHfNOIk2kozCPjogE.MEUCIQCMEW4DzxLe1jNH_yreHP-1kGtXLvwfsGptpJkhTViLdAIgcXULKjLfOUf9VWduXghqORgn0ovzCUCbb8wCtWmEm78&amp;segmentId=85462057-4e57-56c2-164f-e4ce1f09e15f" rel="noopener noreferrer" target="_blank">So you tried to buy a country . . .</a></p><br><p>Subscribe to Soumaya's show on <a href="https://podcasts.apple.com/gb/podcast/the-economics-show-with-soumaya-keynes/id1746352576" rel="noopener noreferrer" target="_blank">Apple</a>, <a href="https://open.spotify.com/show/64rPqCkSSBkuSJpkMLRe9i?si=70c1cb4221e54c9a" rel="noopener noreferrer" target="_blank">Spotify</a>, <a href="https://pca.st/6ysdzw0j" rel="noopener noreferrer" target="_blank">Pocket Casts</a> or wherever you listen.</p><br><p><a href="https://www.ft.com/content/25d74738-a142-4fa8-bc1c-681e982e96a9" rel="noopener noreferrer" target="_blank"><strong>Read a transcript of this episode on FT.com</strong></a></p><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>