What can't money buy?

What can't money buy?

From Crossing Channels by Bennett School of Public Policy & Institute for Advanced Study in Toulouse

March 9, 2026 · 28 min · Season 5 · Episode 5

About this episode

The episode discusses the limits of markets and the intersection of economic reasoning with moral values.

In this episode of Crossing Channels, Anna Alexandrova and Léo Fitouchi talk to Richard Westcott about the limits of markets and what happens when economic reasoning meets moral values. They explore why some things – such as dignity, fairness and trust – sit uneasily with prices, and how attempts to measure wellbeing can reshape what societies consider valuable. The conversation also examines how monetary incentives sometimes crowd out moral motivations, why people react strongly ...

People in this episode

Hosts: Anna Alexandrova, Léo Fitouchi

Guest: Richard Westcott

Topics covered

  • markets
  • moral values
  • wellbeing
  • dignity
  • fairness
  • trust

Keywords

  • money
  • markets
  • moral motivations
  • wellbeing
  • economic reasoning
  • dignity
  • fairness
  • trust

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