{"id":127,"date":"2026-05-27T16:39:39","date_gmt":"2026-05-27T16:39:39","guid":{"rendered":"https:\/\/pioneerrelocationnews.com\/?p=127"},"modified":"2026-05-27T16:39:39","modified_gmt":"2026-05-27T16:39:39","slug":"how-moral-panic-creates-black-markets","status":"publish","type":"post","link":"https:\/\/pioneerrelocationnews.com\/?p=127","title":{"rendered":"How Moral Panic Creates Black Markets"},"content":{"rendered":"<div>\n<div>\n<div>\n<div>\n<div>\n<div><audio>https:\/\/dts.podtrac.com\/redirect.mp3\/d2h6a3ly6ooodw.cloudfront.net\/reasontv_audio_8381768.mp3<\/audio><\/p>\n<div>\n<div>\n<select><option>1x<\/option><option>1.1x<\/option><option>1.25x<\/option><option>1.5x<\/option><option>2x<\/option><option>3x<\/option><\/select>\n<\/div>\n<p><span>:15 <\/span><br \/>\n<span> :15<\/span>\n<\/div>\n<p>Download  <\/p><\/div>\n<\/div>\n<h4>How Moral Panic Creates Black Markets<\/h4>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div>\n<div>\n<div>\n<iframe loading=\"lazy\" allowfullscreen=\"\" data-yt-id=\"61ZCgxGJFAY\" frameborder=\"0\" height=\"281\" id=\"yt-player-61ZCgxGJFAY\" src=\"https:\/\/www.youtube.com\/embed\/61ZCgxGJFAY?enablejsapi=1\" title=\"Featured YouTube video\" width=\"500\"><\/iframe>\n<\/div>\n<\/div>\n<\/div>\n<p>HD Video Download<\/p>\n<\/div>\n<p>Today&#8217;s guest is Nobel Prize-winning economist Alvin E. Roth, the author of <em>Moral Economics: From Prostitution to Organ Sales, What Controversial Transactions Reveal About How Markets Work<\/em>.<\/p>\n<p>Read more <a href=\"https:\/\/pioneerrelocationnews.com\/?p=125\">Does Anyone Know What\u2019s Happening in Iran?<\/a><\/p>\n<p>He talks with Nick Gillespie about why some voluntary transactions provoke moral outrage even when no one is being directly harmed. Roth explains why black markets often emerge when governments try to ban activities with persistent demand, why both markets and prohibitions require social support to function, and how unintended consequences can make moralistic policies backfire. They discuss the war on drugs, prostitution, surrogacy, same-sex marriage, price gouging, and why Iran remains the only country in the world with a legal market for kidney donors.<\/p>\n<p>Read more <a href=\"https:\/\/pioneerrelocationnews.com\/?p=123\">High Liquor Taxes and a Home Distillation Ban Guarantee a Thriving Booze Black Market<\/a><\/p>\n<p>They also explore Roth&#8217;s work designing kidney exchange networks and school choice systems, how digital technology and private transactions make certain bans harder to enforce, and why harm reduction may work better than prohibition in areas ranging from drug policy to sex work.<\/p>\n<p>Read more <a href=\"https:\/\/pioneerrelocationnews.com\/?p=121\">France Is Banning Zyn and Threatening To Jail People for 5 Years<\/a><\/p>\n<p>0:00\u2014Repugnant transactions and organ sales<\/p>\n<p>9:30\u2014Blood plasma, coercion, and class bias<\/p>\n<p>16:46\u2014School choice reform<\/p>\n<p>22:59\u2014Same-sex marriage, abortion, and contraception<\/p>\n<p>29:59\u2014The war on drugs and moral economics<\/p>\n<p>38:55\u2014Roth&#8217;s theoretical origin story<\/p>\n<p>43:45\u2014Uber, AI, and technological efficiencies<\/p>\n<p>51:26\u2014Price gouging and consumer resentment<\/p>\n<p>54:27\u2014Pornography, prostitution, and privacy<\/p>\n<p>1:05:21\u2014Has America become more economically moral?<\/p>\n<p>1:12:15\u2014Biden&#8217;s economic agenda and Trump&#8217;s tariffs<\/p>\n<p>1:17:04\u2014Winning a Nobel Prize<\/p>\n<p>Producer: Paul Alexander<\/p>\n<p>Audio Mixer: Ian Keyser<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Economist Alvin E. Roth discusses the moral limits of markets, how bans create black markets, and why harm reduction works better than prohibition.<\/p>\n","protected":false},"author":1,"featured_media":126,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[],"class_list":["post-127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Moral Panic Creates Black Markets - Pioneer Relocation News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pioneerrelocationnews.com\/?p=127\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Moral Panic Creates Black Markets - Pioneer Relocation News\" \/>\n<meta property=\"og:description\" content=\"Economist Alvin E. 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