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All Episodes

The Answer Is Transaction Costs — 87 episodes

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Title
1

God Speaks Hebrew But Understands Yiddish

2

The Main Course was Transaction Costs: Milton's Dinner with Ronald

3

Regime Uncertainty: Political Risk is Transaction Cost!

4

The Senate Is The Enemy And Other Friction Stories

5

Two Bakers Walk Into A Cartel

6

Contracting with Yourself: Akrasia and Transaction Costs

7

When Mass Outrage is Cheap: TC Origins of Cancel Culture

8

You are NOT "Sorry I'm Late"!!

9

Transaction Costs Killed the Medical Stars

10

Parasites And Property Rights

11

Books Don't Bet, They Match

12

Hereditary Monarchy: At Least You Know Which Idiot Is Next

13

Swollen Permits? Call Chile!

14

Honor Among Thieves: Anja Shortland and Ransomware

15

Are Transaction Costs Really Just Human Distance

16

Adam Smith's Wealth of Nations Episode 10: Always Contemporary

17

Adam Smith's Wealth of Nations Episode 9: Spending, Taxing, and Debt

18

Adam Smith Episode 8: A Nation of Shopkeepers

19

Parts is (Not) Parts: The Life Cycle Problem for Heavy Equipment

20

Money Killed Barter; Can a Platform Bring It Back?

21

Adam Smith Episode 7: The Errors of Mercantilism--Bullion, Balances, and Bounties

22

Adam Smith's Wealth of Nations Episode 6--Division of Land

23

Little's Law: The Transaction Costs of (Re)Drawing Lines

24

Adam Smith's Wealth of Nations: Episode 5--The Text of Book II

25

Adam Smith's Wealth of Nations: Episode 4--Capital and Book II: Introduction

26

The Innovation is the Exchange Itself!

27

When Bribes Become the System: Understanding Lock-In

28

Adam Smith's Wealth of Nations: Episode #3--Introduction and Book I

29

Second Place Is The First Loser: Strategy Over Speed

30

When Bats Attack: Understanding Insurance

31

Adam Smith's Wealth of Nations: Episode #2--The "Model"

32

Adam Smith's Wealth of Nations: Episode 1 (Background)

33

Nnnnooooo one expects transaction costs!! The economics of Monty Python

34

The Engineers of Exchange: Middlemen, Part Deux

35

FA Hayek: Price Whisperer

36

The Price of Pennies: Make or Buy?

37

Pretty Pigs and Talking Dogs

38

Barking Cats: On the "Nature" of Bureaucracy

39

Pins: Division of Labor is Limited by Transaction Costs

40

Commerce and Sociology: Novak on Entangled Political Economy

41

The Paradox of Political Rationality: Lynch

42

Curation Bubbles, Verification, and the Splintering of Ideology: Green

43

The Socialist Generation Debate: Boettke

44

Transaction Costs and Constitutions: India's Balancing Act, with Shruti Rajagopalan

45

Political Capitalism and the Power of Elites: Randall Holcombe

46

Prison Gangs and Governance: David Skarbek

47

Certainty, Common Law, and Statutory Law: Todd Zywicki of Scalia Law

48

From Law to Legislation: A Natural Process

49

Why Bosses Don't Wear Bunny Slippers: TAITC

50

Price Gouging or Price Information?

51

All Housing is Affordable Housing

52

We Get Letters!

53

Shibumi! Legit Idea, or Shady Dealings?

54

Slavery, Indentured Servitude, and the Problem of Financing Education

55

Bees, Oranges, and Externalities: The Answer is Transaction Costs

56

Parking Lots, Transaction Costs of the Price Mechanism, and the Pork Pie Fedora Rogue

57

Monkey See, Monkey App! And IP Walks Into a Bar....

58

Baseball, Dollar Dogs, Apple Pie and Transaction Costs

59

Dam Shame: It's not easy being government

60

Corner Crossing Conundrum: Trespassing, Airspace, and Property Rights

61

The Riddle is Transaction Costs: That's What the Money is For!

62

From Commons to Coase and Beyond, With Steven Medema

63

Desert Town Dilemmas and the Problem of Property Rights

64

Caldwell: Hayek's Intellectual Journey

65

Making Deals With Shadows: The Economics of Ransomware and Cybersecurity

66

Current Event: Smart Grids, DERs, and the Economics of Energy

67

The 5G Revolution, Huawei Controversy, and Global Trade Dynamics

68

Permissionless Innovation: Unshackling Potential or Unleashing Chaos?

69

Neutrality, Security, and Ethereum: the Future of Global Transaction Costs

70

Effective Altruism and the Transaction Costs of Maximizing Expected Value

71

Motives and Morals of Taxes, and an Homage to Bob Barker

72

All You Can Eat, or By the Ounce?

73

The Devil Went Down to Grievance: Tuh, Taxes, and HOAs

74

The Red Dots Three, Parsley, and Counting Sheep

75

Packing Out Your Trash, Brown M&Ms, and $100 Bills on the Sidewalk

76

Academic Publishing, Talking Frogs, and Nailing Your Head to the Floor

77

Faith and Loyalty through the TC Lens

78

Lettuce Again, and Lumber

79

Conventional Wisdom, Chesterton Fences, and "Excuse me"

80

Dollar Hot Dogs, Coupons, and Bidding for Wallets

81

Women in Prison, and ALL Costs are Transaction Costs

82

Dating, Marriage, and the Costs of Search

83

Roads, Public Goods, and Focal Points

84

Middlemen: From Mancgere to Amazon

85

Propriety, Norms, and Traffic Congestion: Episode 3

86

Exchange Takes "Place," and the Strange Case of Lettuce

87

TAITC: Episode 1