
Why Bosses Don't Wear Bunny Slippers: TAITC
About this episode
Ever wondered why firms exist in a market-driven economy? This month's episode promises to unravel this question by diving deep into Ronald Coase's seminal 1937 paper, "The Nature of the Firm." Join me, Mike Munger, as I reflect on our first 16 months of podcasting and share the insights and wisdom that have shaped our journey. You'll gain a thorough understanding of how transaction costs influence economic behaviors and organizational structures, with fascinating examples from Richard Langlois' analysis of the American Midwest's agricultural sector before the railroad era.
- Ronald Harry Coase, The Nature of the Firm (1937)
- Michael Munger, Why Bosses Don't Wear Bunny Slippers
If you have questions or comments, or want to suggest a future topic, email the show at [email protected] !
You can follow Mike Munger on Twitter at @mungowitz
Get every episode summarized
Each time The Answer Is Transaction Costs publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from The Answer Is Transaction Costs

Honor Among Thieves: Anja Shortland and Ransomware
The Answer Is Transaction Costs

Are Transaction Costs Really Just Human Distance
The Answer Is Transaction Costs

Adam Smith's Wealth of Nations Episode 10: Always Contemporary
The Answer Is Transaction Costs

Adam Smith's Wealth of Nations Episode 9: Spending, Taxing, and Debt
The Answer Is Transaction Costs