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Armchair Expert with Dax Shepard

Alvin E. Roth (on moral economics)

Armchair Expert with Dax Shepard

Armchair Umbrella

Tv & Film, Comedy, Music

4.669.9K Ratings

🗓️ 22 April 2026

⏱️ 136 minutes

🧾️ Download transcript

Summary

Alvin E. Roth (Moral Economics) is a Nobel Prize-winning economist, Stanford professor, and author. Alvin joins Armchair Expert to discuss growing up in Queens with two schoolteacher parents, skipping a traditional high school path to attend college at 16, and how early academic exposure shaped his curiosity about markets and human behavior. Alvin and Dax talk about pioneering kidney exchange programs that have saved thousands of lives, the surprising ways incentives influence behavior in everyday systems, and how market design applies to everything from matching students to schools to allocating scarce resources. Alvin explains the difference between repugnance and disgust in economics, why some markets are morally contested yet necessary, and why solving complex social issues requires designing better systems rather than relying on good intentions alone.

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Transcript

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0:00.0

Welcome, welcome, welcome to armchair expert.

0:02.5

Experts on expert.

0:03.7

I'm Dan Shepard, and I'm joined by Lily Padman.

0:05.6

Hi.

0:06.5

Today we have Elvin E. Roth.

0:09.4

He is a Nobel Prize winning economist and a Stanford professor.

0:14.7

Ding, ding, ding, ding.

0:15.7

My goodness.

0:16.8

His previous book is Who Gets What and Why?

0:20.7

And his new book is called This Is Tasty.

0:23.9

Yeah.

0:24.4

Moral economics.

0:25.8

From prostitution to organ sales, what controversial transactions reveal about how markets work.

0:33.6

Really interesting.

0:34.7

Super, super interesting.

0:36.8

We learn about the difference between repugnancy and disgust.

0:42.6

He himself pioneered this kidney market that has saved tens of thousands of lives.

0:49.1

Yeah, really, really great topic.

0:52.0

Please enjoy Alvin E. Roth.

0:58.0

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1:04.7

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1:09.9

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...

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