Market Design

I post market design related news and items about repugnant markets. See my Stanford profile. I have a 2026 book : Moral Economics The subtitle is "From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work."

Thursday, July 16, 2026

Harvard grad and Army general regrets restrictions on sending service members to top universities

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  General Monty Montague (Harvard '95) writes eloquently about the mutual benefits of allowing service members to study at top universit...
Wednesday, July 15, 2026

Two economists on the Behavioral Scientist’s Summer Book List 2026

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The  Behavioral Scientist’s Summer Book List 2026  By Heather Graci and Evan Nesterak includes two economists:   " Bringing data to a g...
Tuesday, July 14, 2026

Economists watching A.I.: an open letter, and an edited version

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My sense is that many economists are optimistic about the long term development of A.I., while being cautious about some of the shorter term...
Monday, July 13, 2026

Why markets fail — and how to fix them, a conversation about market design, among Scott Kominers, Tim Roughgarden and Al Roth

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 I've now been the guest on many podcasts, aimed at many different kinds of listeners. This is the one for people with an academic inter...
Sunday, July 12, 2026

The enemy in the war on drugs is no longer agriculture, but chemistry

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  One drug future may be happening first in Estonia, hard on the Russian border. The NYT has the story : Estonia Won the War on Fentanyl. Wh...
Saturday, July 11, 2026

The Economics of Repugnant Transactions, with Felix Salmon on Slate

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  Felix Salmon talked to me about Moral Economics : Money Talks: The Economics of Repugnant Transactions, with Felix Salmon on Slate . ...
Friday, July 10, 2026

What crops compete with wine grapes? (Spoiler, it's houses.)

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  As the wine business faces headwinds, both from climate change and from reduction in American alcohol consumption, vineyards are changing ...
Thursday, July 9, 2026

Origins and Consequences of the Trump Administration’s Humanitarian, Refugee, and Immigration Policies, by Kerwin, Carlson and Wheeler in J. Migration and Human Security

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 Read it and weep:( The Origins, Consequences, and Uncertain Legacy of the Trump Administration’s Humanitarian, Refugee, and Immigration Pol...
Wednesday, July 8, 2026

Canada re-thinks medical aid in dying for psychiatric diseases

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  A column in the Washington Post conveys the story: With 76,475 dead, Canada appears to find its line on euthanasia A parliamentary committ...
Tuesday, July 7, 2026

The first minutes after being informed of a Nobel prize

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  Here's a one-minute BBC audio recording that somehow found its way into my news feed, of me being queried on the phone in the minutes ...
Monday, July 6, 2026

When is someone dead? (dead enough to donate organs?)

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 Transplantation of deceased-donor organs has made us rethink the notion of death itself.  What does it mean that a person is dead, while or...
Sunday, July 5, 2026

Prediction markets, polling, and insider trading

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 My book about controversial markets has attracted some interest from people following prediction markets.  Here's another recent interv...
Saturday, July 4, 2026

Coffee (and) science: medicine and climate change

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 First the good medical news for coffee drinkers, from MedpageToday and the journal Clinical Gastroenterology and Hepatology: Coffee Lovers ...
Friday, July 3, 2026

“Voluntary, Unpaid, and Handsomely Rewarded: Donor Benefits in the World's Whole-Blood Systems,” by Krawiec and Roth

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 Around the world, "non-compensation" of blood donors allows for a variety of incentives. Kimberly D. Krawiec and Alvin E. Roth, “...
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Al Roth
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