PS 205: A brief address to my elementary school alma mater, about science in grade school

 A few weeks ago I was surprised to receive this email from a teacher at the elementary school that I attended, PS 205, in the New York City borough of Queens:

"Dear Mr. Roth,

I am a teacher at The Alexander Graham Bell School, PS 205 in Bayside, NY.

This is my 29th year teaching at this school and it is still an amazing school where children acquire the skills to blossom as adults!

It is my understanding that you are a graduate of this school.

We are holding a Career Day on Friday, March 6, 2026.

It would be wonderful if you could participate in some way, whether in person, zoom pre-recorded video or by another method.

As a Nobel Prize winner, this would be very inspiring for our students.

Please let me know if you would like to be part of this awesome event."

 

After some further correspondence, I sent a video greeting of a bit over a minute.  Here's the transcript:
 

 Transcript:

"Hi PS 205!  I hear that you’re having career day today.

  Mr Blum asked me to say a few words about how my career began to take shape when I was a student at PS 205, way back before your parents were born. I was a PS 205 student from 1957 to 1962, and it was in those years that I started to think about becoming a scientist.

In 1957, when I started school, the Sputnik satellite was launched by Russia, and in 1961 the first American astronaut, Allan Shepherd, rocketed into space. So science was in the news.  My big brother Ted (who was also a PS 205 student, four years older than me) was excited by the idea of becoming a scientist, and that made me excited too. And pretty soon I was entering the school’s annual science fairs, with demonstrations of scientific things.

When I grew up I did become a scientist, a social scientist.  I’m  an economist, which allows me to study how we humans coordinate and cooperate and compete with each other, in ways that have made us, on average, live longer and healthier lives. In fact one of the things I have worked on is to help doctors organize how more people can get kidney transplants if they need them, which helps them live longer and healthier lives.

Science can be a lot of fun.  In 2012 I won the Nobel Prize in Economics, which means I got to go to a big celebration of science and literature in Sweden, which almost everyone in that country watches on television. It’s sort of like their Super Bowl.

I can only imagine the things that you will do as you grow up. It will be an adventure."

The Faroe Islands are moving to end their ban on abortion

 Some controversies are familiar all over the world.

The NYT has the story:

The Faroe Islands Are Changing Some of Europe’s Strictest Abortion Rules
A new law allowing abortion up to 12 weeks will be a major shift in an archipelago of 55,000 people, and there are strong feelings on both sides.   By Amelia Nierenberg and Regin Winther Poulsen

"The Faroes, a self-governing part of the Kingdom of Denmark in the North Atlantic hundreds of miles from Copenhagen, allowed abortion only in rare cases.

...
"The Faroes have had a near-total abortion ban, one of Europe’s most restrictive, under a law that dates back to 1956. Like Ms. Jacobsen, some women lied to their doctors to get around the restrictions and end their pregnancies, doctors, lawmakers and advocates on both sides of the issue have said. 

...

"But late last year, the Parliament in the archipelago of 55,000 people ratified a law that allows women to end a pregnancy within its first 12 weeks, a major shift in a place that has long been more religious and socially conservative than its Nordic peers. The law is set to take effect in July.

...

"But a parliamentary election is set for late March and polls suggest that power could pass to a conservative coalition that may try to block implementation of the law or change it." 

 

Pre-publication review of Moral Economics from Publisher's Weekly

Another small adventure in publishing:) 

Here's the pre-publication review of Moral Economics from Publisher's Weekly. "

TL;DR "Bringing balanced, evidence-based analyses to emotionally fraught debates, Roth reveals the power of markets to inspire solutions. This is trailblazing"

 

Moral Economics: From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work

Alvin E. Roth. Basic Venture, $35 (368p) ISBN 978-1-5417-0201-1

"Nobel Prize–winning economist Roth (Who Gets What—and Why) delivers a stimulating study of morally contested products and services, such as abortion, assisted suicide, and marijuana. He refers to these as “repugnant transactions,” as they spark objections primarily on religious or moral grounds but don’t cause easily measurable harms to those seeking to ban them. Viewing these transactions as markets, or systems that can be designed to “allocate scarce resources efficiently and equitably,” can help people make progress on challenging topics, he argues. For example, analyses of legal prostiution show it can increase the market for paid sex but can also reduce rape and the spread of sexually transmitted disease. Another topic discussed is kidney donation. There is a nearly universal ban on compensating donors based on the concern that payments might lead to poor or vulnerable people being coerced into selling their organs. Meanwhile, there is an extreme shortage of donors, and loved ones are often incompatible with those they want to help (kidney disease runs in families). Roth and his colleagues designed a kidney exchange, in which incompatible patient-donor pairs exchange kidneys with other such pairs. Because no money changes hands, the problem of paying donors can be avoided. Bringing balanced, evidence-based analyses to emotionally fraught debates, Roth reveals the power of markets to inspire solutions. This is trailblazing. (May) 

 

 

International statistics on plasma donation show that it is quite safe

 Peter Jaworski collects the statistics from Europe and North America:

Plasma donation is safe
And commercial plasma donation is not less safe than non-commercial donations
Peter Jaworski
Mar 16, 2026 

"Source plasma donation (also called “plasmapheresis”) is inordinately safe (so is whole blood donation). And the best publicly-available donation safety data give us no reason to think that commercial plasma collection is less safe than non-commercial plasma collection.

" That claim may be surprising in light of the recent heartbreaking deaths reported after plasma donations in Winnipeg. These tragedies have raised questions about the safety of plasma donation in general, with some critics suggesting that commercial plasma donation is inherently less safe than non-commercial plasma donation.

"The evidence for the claim that plasmapheresis, including commercial plasmapheresis, is safe can be found in countries with the largest plasmapheresis programs, which publish annual reports on serious donor adverse events. Some of these countries have exclusively non-commercial plasma collection, while others have predominantly commercial systems. "

Congestion in signing your kid up for summer camp

 The WSJ has the story:

Welcome to the ‘Hunger Games’ of Parenting: Summer Camp Sign-Up
Parents set up command centers and practice checking out; ‘You just have to hope you’re not gonna get a pissed-off kid in basket weaving’ By Jesse Newman
 

"Because you cannot sleep on camp sign-ups once they open, parents book spots while boarding planes, hiding in the bushes at surprise parties and on the way to funerals. One doctor said she paused her rounds to register her daughter. 

...

"Lamenting the logistical nightmare, exorbitant costs and strain on working families, they offer tips and tricks for locking in sought-after sessions: Pay attention to countdown clocks. Log in on multiple devices. Assign one adult per child in need of programming.

...

"The only booking process Gerard’s found more stressful is reserving a spot on the summer ferry to Martha’s Vineyard. She had to queue online in February; in a virtual waiting room, she learned she was 10,000th in line. “We got a slot at 9 p.m.,” she said." 

How safe is plasma donation?

 Here's a story from the NYT, about the recent regularization of paid plasma donation in (some provinces of) Canada.

How Safe Is Plasma Donation?
Two recent deaths tied to for-profit clinics in Canada raised concerns about the health effects of having plasma drawn as often as twice a week. By Roni Caryn Rabin and Vjosa Isai

"Donating plasma, which is used to make lifesaving medicinal products, is widely perceived as low-risk. But questions about the safety of the practice arose this week when Canadian health authorities confirmed they were investigating two recent deaths of people who gave plasma at for-profit clinics in Winnipeg operated by Grifols, a Spanish health care company. 

"Millions of people donate frequently in North America. An estimated 60 to 70 percent of plasma-derived medicinal products worldwide are made from plasma donated in the United States.

And demand for plasma is growing. The market for plasma-derived medicinal products is valued at $40.35 billion and is expected to double over the next eight years, as the products are used to treat an expanding number of conditions, including immune deficiency syndromes and bleeding disorders.

But the health impact of frequent plasma donation on the donors themselves has not been well studied, and there is no consensus among health regulators about how long donors should wait between plasma draws.

In both Canada and the United States, companies can pay people an honorarium for donating their plasma, and health regulations say that people can donate up to twice a week.  

...

"A 2020 investigation by the F.D.A. into 34 deaths reported as being associated with plasma donation did not determine that donation was the cause of death in any of the cases. It ruled donation out entirely as a cause in 31 cases. "

 

My academic career to date, in two word clouds (covering 1974-1999 and 2000-2025)

 Here's a website that will make a word cloud based on your Google Scholar page: Scholar Goggler.

 I used it to create a kind of data-graphic of my career to date, by producing two word clouds from article titles on my Scholar page from 1974-1998 and from 1999-2025.  Those ranges have two properties: they are almost equally long, and so divide my career so far in half, and they also cover the period in which I mostly saw myself as a game-theorist and experimenter (studying bargaining, early in the period, and matching markets later), and the period in which I became something of a practical market designer drawing on those tools among others. (For context, my paper with Elliott Peranson on redesigning the medical residency match appeared in 1999*)

1974-1997 journal article titles

 

 

1998-2025 Journal article titles

 

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* Roth, A.E. and E. Peranson, "The Redesign of the Matching Market for American Physicians: Some Engineering Aspects of Economic Design,” American Economic Review, 89, 4, September, 1999, 748-780. https://www.aeaweb.org/articles?id=10.1257/aer.89.4.748