Logo
    Search

    Podcast Summary

    • Economists and the Detachment from RepugnanceEconomists view things through efficiency and may be able to find solutions to societal problems that are repugnant but necessary. Al Roth's market design contributions show their ability to detach from repugnance.

      Repugnance is subjective and can change over time, which makes it difficult to define. Economists, however, are often immune to repugnance because they view things through the lens of efficiency and whether something makes sense. Repugnant things can be efficient, but for reasons that may be hard for people to understand or accept. Al Roth, an economist at Harvard, is a prime example of this mindset as he has made significant contributions to market design, including organ allocation, school choice, and housing markets. The ability of economists to detach from repugnance can make them essential in finding solutions to problems that society may want but struggle to accept.

    • How Game Theory is Being Used to Design Better Markets for Repugnant TransactionsAl Roth uses game theory to create fair and efficient transactions between people, even for controversial topics like selling kidneys. His approach could lead to more equitable exchanges and better outcomes for all involved.

      Al Roth uses game theory to design better markets for systems in which people interact with each other, rather than just commodities. He creates optimal matches for students and doctors, as well as for things that people might find repugnant, such as selling kidneys. His work goes beyond just studying the markets; he designs them using complex math to help improve their efficiency. Roth's approach to designing better markets, even for repugnant transactions, could potentially lead to more equitable and fair systems of exchange. His willingness to tackle difficult and controversial subjects speaks to his dedication to creating better outcomes for everyone involved.

    • The Need for Innovative Solutions to Address Chronic Organ ShortageDespite the repugnance factor associated with compensated organ donation, the current organ shortage and demand require innovative solutions like kidney exchange programs to bridge the gap between supply and demand.

      The idea of being compensated for organ donation may seem repugnant, however, the current situation of organ shortage and demand makes it a massive inefficiency and failure. While the repugnance factor is acknowledged by experts like Al Roth, the supply-and-demand failure cannot be ignored. To address this problem, the New England Program for Kidney Exchange was founded, promoting unrepugnant ways of organ donation. A kidney exchange program matches donors and recipients who are incompatible with their respective spouses, allowing for a 'matched pair' of kidney donors. This highlights the need for innovative solutions to address the chronic shortage of organs and urges society to consider options to bridge the gap between organ supply and demand.

    • Solving the Demand for Kidney TransplantsWith a waiting list of 90,000 people, the formal system of buying and selling kidneys in Iran has saved many lives. While legalizing kidney sales in the US is controversial, surgeons are exploring alternative ways to increase organ donations.

      Despite the success of the New England Kidney Exchange, the growing demand for organ transplants, particularly kidneys, remains a significant problem. With over 90,000 people currently on the waiting list, finding a solution is critical. The formal system of buying and selling kidneys in Iran may not be perfect, but it has saved many lives that would otherwise have been lost due to a lack of donors. Legalizing kidney sales in the US is a controversial topic, and a recent survey demonstrated that there is less objection to it than there is to prostitution. However, it is unlikely to be a winning campaign slogan for any politician. Meanwhile, transplant surgeons continue to work on ways to increase the number of available organs through initiatives such as increased organ donations and acceptable compensations to kidney donors.

    • The Impact of Cultural and Religious Beliefs on Organ DonationOrgan donation rates are affected by cultural and religious beliefs, but laws like the 'Give Life, Get Life' law in Israel can increase the number of donors. However, ethical concerns must be considered, and dying in a specific way is crucial for successful organ transplantation. Careful planning is necessary.

      Organ donation rates can be impacted by cultural and religious beliefs, leading to a shortage of viable organs for transplant. In Israel, a new law called 'Give Life, Get Life' gives preference to organ donors in need of an organ themselves, increasing the number of donors. But, the law raises ethical concerns as it prioritizes patients based on factors other than medical need. Additionally, to ensure the highest chance of successful organ transplantation, it is important to die in a hospital from a brain aneurysm or gunshot to the head. Organ donation is crucial to saving lives, but it also requires careful consideration and planning.

    • The Organ Preservation Unit: A Controversial Response to Organ Donation Demand in New YorkThe Organ Preservation Unit operates a restricted organ donation program in Manhattan that aims to increase donor availability. The program faces concerns, but may be a step towards addressing organ shortages.

      Lewis Goldfrank, emergency medicine expert, researched organ donation practices in Europe and found that many countries practice 'presumed consent'. Goldfrank's plan to implement a similar system in New York was met with pushback, resulting in a restrictive program operating only in Manhattan from 4pm to midnight, accepting only kidneys from people aged 18-60. Despite the limitations, the Organ Preservation Unit has hit the streets. If a regular ambulance is called to an emergency that may yield an organ donor, the organ ambulance will park nearby. If the patient expressed wishes to donate, the Organ Preservation Unit will reach out. While there may be concerns about conflicts of interest, overall, this program may increase the availability of quality organs for transplantation.

    • The Challenges of Organ Transplantation: Repugnance, Restrictions, and RoadblocksOrgan transplantation faces significant challenges due to the repugnance factor, resulting in missed opportunities and loss of lives. A solution is urgent, and researchers are exploring alternative options, such as using pig organs, but reception remains uncertain.

      Organ transplantation faces numerous restrictions and inefficiencies due to the repugnance factor of using human organs, resulting in missed opportunities and loss of lives. Despite the efforts of experts like Goldfrank, Roth, and Lavee, the gerrymandering of the project limits the number of human beings that fit the process. The need for a solution to organ transplantation is urgent, but it is uncertain whether introducing a market for organs or developing artificial organs will happen first. In the meantime, researchers are exploring the possibility of using pig organs for transplants, which may be a viable solution once the immune system's reaction to foreign organs is addressed. However, the repugnance factor remains a significant roadblock, and it remains to be seen whether people will accept the idea of having a pig's kidney transplanted into them.

    Recent Episodes from Freakonomics Radio

    594. Your Brand’s Spokesperson Just Got Arrested — Now What?

    594. Your Brand’s Spokesperson Just Got Arrested — Now What?

    It’s hard to know whether the benefits of hiring a celebrity are worth the risk. We dig into one gruesome story of an endorsement gone wrong, and find a surprising result.

     

    • SOURCES:
      • John Cawley, professor of economics at Cornell University.
      • Elizabeth (Zab) Johnson, executive director and senior fellow with the Wharton Neuroscience Initiative at the University of Pennsylvania.
      • Alvin Roth, professor of economics at Stanford University.

     

     

    Freakonomics Radio
    en-usJune 27, 2024

    593. You Can Make a Killing, but Not a Living

    593. You Can Make a Killing, but Not a Living

    Broadway operates on a winner-take-most business model. A runaway hit like Stereophonic — which just won five Tony Awards — will create a few big winners. But even the stars of the show will have to go elsewhere to make real money. (Part two of a two-part series.)

     

     

     

    Freakonomics Radio
    en-usJune 20, 2024

    EXTRA: The Fascinatingly Mundane Secrets of the World’s Most Exclusive Nightclub

    EXTRA: The Fascinatingly Mundane Secrets of the World’s Most Exclusive Nightclub

    The Berlin dance mecca Berghain is known for its eight-hour line and inscrutable door policy. PJ Vogt, host of the podcast Search Engine, joins us to crack the code. It has to do with Cold War rivalries, German tax law, and one very talented bouncer.

     

    • SOURCES:
      • Lutz Leichsenring, executive board member of Clubcommission Berlin and co-founder of VibeLab.
      • PJ Vogt, reporter, writer, and host of the podcast Search Engine.

     

     

    Freakonomics Radio
    en-usJune 17, 2024

    592. How to Make the Coolest Show on Broadway

    592. How to Make the Coolest Show on Broadway

    Hit by Covid, runaway costs, and a zillion streams of competition, serious theater is in serious trouble. A new hit play called Stereophonic — the most Tony-nominated play in history — has something to say about that. We speak with the people who make it happen every night. (Part one of a two-part series.)

     

     

    Freakonomics Radio
    en-usJune 13, 2024

    591. Signs of Progress, One Year at a Time

    591. Signs of Progress, One Year at a Time

    Every December, a British man named Tom Whitwell publishes a list of 52 things he’s learned that year. These fascinating facts reveal the spectrum of human behavior, from fraud and hypocrisy to Whitwell’s steadfast belief in progress. Should we also believe?

     

     

    Freakonomics Radio
    en-usJune 06, 2024

    EXTRA: The Opioid Tragedy — How We Got Here

    EXTRA: The Opioid Tragedy — How We Got Here

    An update of our 2020 series, in which we spoke with physicians, researchers, and addicts about the root causes of the crisis — and the tension between abstinence and harm reduction.

     

    • SOURCES:
      • Gail D’Onofrio, professor and chair of emergency medicine at the Yale School of Medicine and chief of emergency services at Yale-New Haven Health.
      • Keith Humphreys, professor of psychiatry and behavioral sciences at Stanford University.
      • Stephen Loyd, chief medical officer of Cedar Recovery and chair of the Tennessee Opioid Abatement Council.
      • Nicole O’Donnell, certified recovery specialist at the University of Pennsylvania's Center for Addiction Medicine and Policy.
      • Jeanmarie Perrone, professor of emergency medicine at the University of Pennsylvania.
      • Eileen Richardson, restaurant manager.

     

     

    Freakonomics Radio
    en-usJune 03, 2024

    590. Can $55 Billion End the Opioid Epidemic?

    590. Can $55 Billion End the Opioid Epidemic?

    Thanks to legal settlements with drug makers and distributors, states have plenty of money to boost prevention and treatment. Will it work? (Part two of a two-part series.)

     

    • SOURCES:
      • Keith Humphreys, professor of psychiatry and behavioral sciences at Stanford University.
      • Stephen Loyd, chief medical officer of Cedar Recovery and chair of the Tennessee Opioid Abatement Council.
      • Christine Minhee, founder of OpioidSettlementTracker.com.

     

     

    Freakonomics Radio
    en-usMay 30, 2024

    589. Why Has the Opioid Crisis Lasted So Long?

    589. Why Has the Opioid Crisis Lasted So Long?

    Most epidemics flare up, do their damage, and fade away. This one has been raging for almost 30 years. To find out why, it’s time to ask some uncomfortable questions. (Part one of a two-part series.)

     

    • SOURCES:
      • David Cutler, professor of economics at Harvard University.
      • Travis Donahoe, professor of health policy and management at the University of Pittsburgh.
      • Keith Humphreys, professor of psychiatry and behavioral sciences at Stanford University.
      • Stephen Loyd, chief medical officer of Cedar Recovery and chair of the Tennessee Opioid Abatement Council.

     

     

    Freakonomics Radio
    en-usMay 23, 2024

    Extra: Car Colors & Storage Units

    Extra: Car Colors & Storage Units

    Presenting two stories from The Economics of Everyday Things: Why does it seem like every car is black, white, or gray these days? And: How self-storage took over America.

     

    • SOURCES:
      • Tom Crockett, classic car enthusiast.
      • Zachary Dickens, executive vice president and chief investment officer of Extra Space Storage.
      • Mark Gutjahr, global head of design at BASF.
      • Kara Kolodziej, self-storage unit tenant.
      • Anne Mari DeCoster, self-storage consultant.
      • Nikkie Riedel, carline planning manager at Subaru of America.

     

     

    Freakonomics Radio
    en-usMay 20, 2024

    588. Confessions of a Black Conservative

    588. Confessions of a Black Conservative

    The economist and social critic Glenn Loury has led a remarkably turbulent life, both professionally and personally. In a new memoir, he has chosen to reveal just about everything. Why?

     

    • SOURCE:
      • Glenn Loury, professor of economics at Brown University and host of The Glenn Show.

     

     

    Freakonomics Radio
    en-usMay 16, 2024

    Related Episodes

    How clever fishermen outsmarted a uniform price auction | with Alex Teytelboym

    How clever fishermen outsmarted a uniform price auction | with Alex Teytelboym

    In this episode Alexander Teytelboym walks us through the intricacies of uniform-price auctions. While often praised for their theoretical properties, putting them into practice successfully can turn out to be quite the challenge. Alex shares with us what can be learned about auction design from observing uniform-price auctions in the fishing industry and how game theory can explain fishermen’s bids that resemble "crank handles". This research by Alex is based on joint work with Sanna Laksa and Daniel Marszalec.

     

    Alex Teytelboym is associate professor at the Department of Economics at the University of Oxford. His research interests are in the areas of market design and the economics of networks including their applications to environmental economics and energy markets, among others.

    Stuart Russell: Long-Term Future of AI

    Stuart Russell: Long-Term Future of AI
    Stuart Russell is a professor of computer science at UC Berkeley and a co-author of the book that introduced me and millions of other people to AI, called Artificial Intelligence: A Modern Approach.  Video version is available on YouTube. If you would like to get more information about this podcast go to https://lexfridman.com/ai or connect with @lexfridman on Twitter, LinkedIn, Facebook, or YouTube where you can watch the video versions of these conversations.

    #20 Organ Donation: hope and transition after an unexpected death with Vicki Caldwell, mother of organ donor Fi

    #20 Organ Donation: hope and transition after an unexpected death with Vicki Caldwell, mother of organ donor Fi

    Organ Donation: hope and transition after an unexpected death with Vicki Caldwell, mother of organ donor Fi. This very special episode explores a mother’s lived experience of traumatic and unexpected death of losing a child, saying yes to organ donation and the transition to finding hope and a new way of living. The podcast is released to coincide with the second anniversary of Max and Keira’s Law (on 20.5.2022), which brought the change to an opt out system for organ donation.

    If you are a team looking to provide better end of life care, or set up a one off or complete education programme in end of life care head to www.speakformelpa.co.uk where I provide details on how I can help you. You will also find information about my Lasting Power of Attorney consultancy and the talks I offer for organisations.