You can be paid to donate blood plasma, and still be an altruist.
Issue four, 2026 of the Milken Institute Review, excerpts the chapter on blood supply from my book Moral Economics.
The last quoted line of the chapter is "Health care that's good enough for the rich shouldn't be repugnant for the poor."
Peter Passell, the long-time editor of the review, writes
"Nobel Prize winners in the sciences can justifiably lay claim to mind-bending insights and stunning discoveries that change our lives. Readers may be excused, though, for wondering whether the same can be said about the achievements honored by the Nobel in economic science, which generally excite only the nerds among us. ¶ Not so for the work of Alvin Roth, a Stanford University economist whose deep dives into how markets function earned him a trip to Stockholm in 2012. He pioneered changes in what are called “matching markets” – work that has revolutionized the process for matching kidney donors and recipients. ¶ In his new book Moral Economics: From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work,* Roth dissects markets in which the legitimacy of voluntary transactions is widely disputed. Here, we excerpt the chapter on the market for human blood, where millions of patients’ lives depend on sources of blood that cannot legally be purchased. It’s a tale that’s going to surprise you.
— Peter Passell, Published October 30, 2026 "
*Copyright © 2026 by Alvin E. Roth. Reprinted by permission of Basic Venture, an imprint of Basic Books Group, a division of Hachette Book Group, Inc., New York, NY. All rights reserved.
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It turns out that Peter excerpts my books as fast as I can write them:)
Tuesday, October 27, 2015 Chapter 4 of Who Gets What and Why, in the Milken Institute Review (with art work...)
https://www.milkenreview.org/articles/who-gets-what-and-why
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