Hello and welcome to Money Talks, where we talk to the most interesting people in the world about the most interesting subjects in the world.

I'm Felix Salmon of Bloomberg, and this week I am joined by Professor Alvin Roth.

Al, welcome.

So, first of all, introduce yourself and tell us why you're here.

I'm Al Roth.

I'm a professor of economics at Stanford University, and I've written a book

called Moral Economics. And like all good nonfiction books, it needs a subtitle. So what's the

subtitle? The subtitle is from prostitution to organ sales, what controversial transactions tell us

about markets. So we are going to talk about tell us about markets.

So we are going to talk about repugnant markets.

This is a term you devised, which I love because what's a repugnant market?

And presumably it's a bad thing, but we're going to interrogate when repugnant markets are good,

when they are bad, and what the various considerations are,

with a special emphasis, I should add, on your own particular area of expertise, which you've

been working on for many years, which is kidney donations.

So that is all coming up on Money Talks.

This episode is powered by AT&T Business.

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They're built specifically for small businesses, for people who have too many tasks and not

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