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Moral arguments often ignore trade-offs

A key reason Roth wrote the book is that people making moral arguments often fail to think about trade-offs as economists do; we may dislike paying for kidneys or plasma, but we must weigh that against people dying of hemophilia or immunodeficiency, so policy should be judged by consequences rather than purity of intentions like 'there should be no heroin addicts.'

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Speaker

Alvin Roth

Evidence Quote

when you see people making moral arguments, often they don't do the thing that economists do all the time, which is think about trade-offs

Source

353 | Alvin Roth on the Economics of Morally Contested MarketsSean Carroll's Mindscape
Created: 6/13/2026, 12:30:11 AM

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