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Alvin Roth

Things Alvin Says on Podcasts

Where to Find Them

Alvin Roth has been a guest on a16z crypto show , EconTalk , Bloomberg Surveillance , Into the Impossible With Brian Keating , Slate Money , Cato Podcast , The Origins Podcast with Lawrence Krauss , 3 Takeaways™ , Econ To Go , Behavioral Grooves Podcast , Freakonomics Radio and VoxTalks Economics .

Recently: “Behavioral Economics: When Markets Clash with Morals | Al Roth” on Behavioral Grooves Podcast (September 2026); “Why Doing the “Right Thing” Can Make Everything Worse (#316)” on 3 Takeaways™ (August 2026); “Why markets fail — and how to fix them (ft. Nobel economist Alvin Roth)” on a16z crypto show (July 2026); “Money Talks: The Economics of Repugnant Transactions” on Slate Money (July 2026); “Nobel Economist: The Market That Lets People Die” on Into the Impossible With Brian Keating (June 2026); “The Markets We Love to Ban” on Cato Podcast (June 2026).

What They Said

“Let's talk about heroin and opioids and fentanyl and crystal meth. We're at the gangsters-with-machine-guns stage of prohibition right now. … One of the things I ask in the book is, why is it so easy to buy drugs, but so hard to hire a hitman?” — Alvin Roth, Behavioral Grooves Podcast

Roth, the Nobel-winning market designer, was on Behavioral Grooves to talk about his book on repugnant transactions — deals some people want to make and others find morally intolerable. He had just compared today's drug prohibition to the American prohibition of alcohol in the 1920s and 30s. His own answer to the question: the ban on hitmen has far more social support, so if you ask a stranger how to hire one, someone calls the police, and often the hitman turns out to be an undercover officer.

Behavioral Grooves Podcast · 2026-09-21 Permalink → Listen →
Behavioral Grooves Podcast Around 39:03 into the episode
Kurt Nelson

Yes.

Tim Houlihan

Yeah. Which is it? Could you construe that argument into drugs, for instance? Yeah,

Alvin Roth

let's talk about heroin and opioids and fentanyl and crystal meth. We're at the gangsters with machine guns stage of prohibition right now. And we have lots of overdose deaths. We have a lot more overdose deaths than we have homicides from any sort of any sort in the United States. So one of the things I ask in the book is, why is it so easy to buy drugs, but so hard to hire a hitman? Yeah,

Tim Houlihan

yeah, yeah, yeah. Please. And this is a great story.

Alvin Roth

Well, and it's a story about how there's more social support for the ban on hitmen than there is for the ban on drugs. And so if I were to ask you, do you know where I could hire a hitman? There's some guy who I want dead. You'd be pretty surprised. But after the cameras went dark, you would look…

Kurt Nelson

problems. Yeah. You know, funny

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