The Answer Is Transaction Costs
"The real price of everything is the toil and trouble of acquiring it." -Adam Smith (WoN, Bk I, Chapter 5)In which the Knower of Important Things shows how transaction costs explain literally everything. Plus TWEJ, and answers to letters.If YOU have questions, submit them to our email at [email protected] There are two kinds of episodes here: 1. For the most part, episodes June-August are weekly, short (2. Episodes September-May are longer (1 hour), and monthly, with an interview with a gu...
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Episodes (74)
Caldwell: Hayek's Intellectual Journey
The Answer Is Transaction Costs
Making Deals With Shadows: The Economics of Ransomware and Cybersecurity
The Answer Is Transaction Costs
Current Event: Smart Grids, DERs, and the Economics of Energy
The Answer Is Transaction Costs
The 5G Revolution, Huawei Controversy, and Global Trade Dynamics
The Answer Is Transaction Costs
Permissionless Innovation: Unshackling Potential or Unleashing Chaos?
The Answer Is Transaction Costs
Neutrality, Security, and Ethereum: the Future of Global Transaction Costs
The Answer Is Transaction Costs
Effective Altruism and the Transaction Costs of Maximizing Expected Value
The Answer Is Transaction Costs
Motives and Morals of Taxes, and an Homage to Bob Barker
The Answer Is Transaction Costs
All You Can Eat, or By the Ounce?
The Answer Is Transaction Costs
The Devil Went Down to Grievance: Tuh, Taxes, and HOAs
The Answer Is Transaction Costs
The Red Dots Three, Parsley, and Counting Sheep
The Answer Is Transaction Costs
Packing Out Your Trash, Brown M&Ms, and $100 Bills on the Sidewalk
The Answer Is Transaction Costs
Academic Publishing, Talking Frogs, and Nailing Your Head to the Floor
The Answer Is Transaction Costs
Faith and Loyalty through the TC Lens
The Answer Is Transaction Costs
Lettuce Again, and Lumber
The Answer Is Transaction Costs
Conventional Wisdom, Chesterton Fences, and "Excuse me"
The Answer Is Transaction Costs
Dollar Hot Dogs, Coupons, and Bidding for Wallets
The Answer Is Transaction Costs
Women in Prison, and ALL Costs are Transaction Costs
The Answer Is Transaction Costs
Dating, Marriage, and the Costs of Search
The Answer Is Transaction Costs
Roads, Public Goods, and Focal Points
The Answer Is Transaction Costs
Middlemen: From Mancgere to Amazon
The Answer Is Transaction Costs
Propriety, Norms, and Traffic Congestion: Episode 3
The Answer Is Transaction Costs
Exchange Takes "Place," and the Strange Case of Lettuce
The Answer Is Transaction Costs
TAITC: Episode 1
The Answer Is Transaction Costs