About this podcast
"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 taitc.email@gmail.com There are two kinds of episodes here: 1. For the most part, episodes June-August are weekly, short (<20 mins), and address a few topics. 2. Episodes September-May are longer (1…
87 episodes · science
The Answer Is Transaction Costs
About this podcast
"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 taitc.email@gmail.com There are two kinds of episodes here: 1. For the most part, episodes June-August are weekly, short (<20 mins), and address a few topics. 2. Episodes September-May are longer (1…
Recent episodes
- The Main Course was Transaction Costs: Milton's Dinner with Ronald19 Aug · 25 min
- Regime Uncertainty: Political Risk is Transaction Cost!11 Aug · 25 min
- The Senate Is The Enemy And Other Friction Stories4 Aug · 26 min
- Two Bakers Walk Into A Cartel28 Jul · 32 min
- Contracting with Yourself: Akrasia and Transaction Costs21 Jul · 36 min
- When Mass Outrage is Cheap: TC Origins of Cancel Culture14 Jul · 27 min
- You are NOT "Sorry I'm Late"!!7 Jul · 27 min
- Transaction Costs Killed the Medical Stars30 Jun · 48 min
- Parasites And Property Rights23 Jun · 50 min
- Books Don't Bet, They Match16 Jun · 1 h 04 min
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