Alvin Roth

speaker
677 appearances 2 recordings 2 series first heard Apr 2026 last heard 11 May

Alvin Roth’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · May OctJan 26AprJulnow

Recordings per month over the last 12 months — 2 in all, peaking in May 2026 with 1.

Appearances

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I don't think there's a moral contest there.
It's just that they have very different health systems.
They pay for things differently.
And what you need is a year of work by the bureaucrats on both sides to make it happen.
So, you know, economists are good at thinking about equilibrium, but we're not very good at thinking about equilibration.
Ah, yes.
So, so that's always by the way.
So, yeah.
Yeah.
So, so that's a, uh, an interesting thing because sometimes equilibration, uh,
The process of equilibration seems to be slower than other things going on in the market.
And consequently, we may often be looking at markets that are not in equilibrium.
They're moving towards some equilibrium, but the equilibrium is a moving target.
As other things change in the economy, the direction of movement will change.
And that's one of many things that we economists don't understand nearly as well as we would like to.
There are people who are actively trying to make us better at it.
Well, it was I mean, first of all, it was terrible employment conditions.
Right.
So so indentured servitude.
indentured servants voluntarily entered into something like five years of slavery uh and when i say slavery i think an indentured servant who left his job could be captured and brought back i mean you know the laws supported that the indentured service was essentially a slave for five years i mean so for a fixed period and lots of people that's how they bought passage across the atlantic ocean from ireland or england uh you know when when they were 13 colonies uh and and
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