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All Episodes

The Answer Is Transaction Costs — 74 episodes

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Title
1

Honor Among Thieves: Anja Shortland and Ransomware

2

Are Transaction Costs Really Just Human Distance

3

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

4

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

5

Adam Smith Episode 8: A Nation of Shopkeepers

6

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

7

Money Killed Barter; Can a Platform Bring It Back?

8

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

9

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

10

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

11

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

12

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

13

The Innovation is the Exchange Itself!

14

When Bribes Become the System: Understanding Lock-In

15

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

16

Second Place Is The First Loser: Strategy Over Speed

17

When Bats Attack: Understanding Insurance

18

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

19

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

20

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

21

The Engineers of Exchange: Middlemen, Part Deux

22

FA Hayek: Price Whisperer

23

The Price of Pennies: Make or Buy?

24

Pretty Pigs and Talking Dogs

25

Barking Cats: On the "Nature" of Bureaucracy

26

Pins: Division of Labor is Limited by Transaction Costs

27

Commerce and Sociology: Novak on Entangled Political Economy

28

The Paradox of Political Rationality: Lynch

29

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

30

The Socialist Generation Debate: Boettke

31

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

32

Political Capitalism and the Power of Elites: Randall Holcombe

33

Prison Gangs and Governance: David Skarbek

34

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

35

From Law to Legislation: A Natural Process

36

Why Bosses Don't Wear Bunny Slippers: TAITC

37

Price Gouging or Price Information?

38

All Housing is Affordable Housing

39

We Get Letters!

40

Shibumi! Legit Idea, or Shady Dealings?

41

Slavery, Indentured Servitude, and the Problem of Financing Education

42

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

43

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

44

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

45

Baseball, Dollar Dogs, Apple Pie and Transaction Costs

46

Dam Shame: It's not easy being government

47

Corner Crossing Conundrum: Trespassing, Airspace, and Property Rights

48

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

49

From Commons to Coase and Beyond, With Steven Medema

50

Desert Town Dilemmas and the Problem of Property Rights

51

Caldwell: Hayek's Intellectual Journey

52

Making Deals With Shadows: The Economics of Ransomware and Cybersecurity

53

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

54

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

55

Permissionless Innovation: Unshackling Potential or Unleashing Chaos?

56

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

57

Effective Altruism and the Transaction Costs of Maximizing Expected Value

58

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

59

All You Can Eat, or By the Ounce?

60

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

61

The Red Dots Three, Parsley, and Counting Sheep

62

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

63

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

64

Faith and Loyalty through the TC Lens

65

Lettuce Again, and Lumber

66

Conventional Wisdom, Chesterton Fences, and "Excuse me"

67

Dollar Hot Dogs, Coupons, and Bidding for Wallets

68

Women in Prison, and ALL Costs are Transaction Costs

69

Dating, Marriage, and the Costs of Search

70

Roads, Public Goods, and Focal Points

71

Middlemen: From Mancgere to Amazon

72

Propriety, Norms, and Traffic Congestion: Episode 3

73

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

74

TAITC: Episode 1