Podcast Episodes

From Law to Legislation: A Natural Process

Season 2 Episode 12

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Have you ever wondered how common law rules and market prices both "emerge"? Inspired by the works of James Buchanan, F.A. Hayek, and Bruno Leoni, Donald Boudreaux explains how decentra…

Published on 1 year, 3 months ago

Why Bosses Don't Wear Bunny Slippers: TAITC

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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 th…

Published on 1 year, 4 months ago

Price Gouging or Price Information?

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Can high prices during emergencies actually save lives?  Using North Carolina as an example, we dissect the economic and legal implications of these laws, exploring the ambiguities in t…

Published on 1 year, 4 months ago

All Housing is Affordable Housing

Season 2 Episode 11

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Are housing regulations making affordable homes a pipe dream? We promise you'll gain a deeper understanding of how transaction costs and regulatory hurdles impede new housing developmen…

Published on 1 year, 4 months ago

We Get Letters!

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What is it that beach parking lots are actually selling? Why do beer bottles cost more than cans? And just what are costs of the thing, as opposed to the costs of selling or buying the …

Published on 1 year, 4 months ago

Shibumi! Legit Idea, or Shady Dealings?

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You can throw shade, but can you own the idea of shade? Shibumi's sunshade has become an essential part of the coastal landscape, but that has sparked some fierce legal battles. We'll t…

Published on 1 year, 5 months ago

Slavery, Indentured Servitude, and the Problem of Financing Education

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Not everyone realizes that the modern financial system has enabled us to end historical practices such as indentured servitude and apprenticeship.  This episode uncovers how financial s…

Published on 1 year, 5 months ago

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

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Bees and Valencia oranges from my family's farm in rural central Florida provide a snapshot of externalities and transaction costs. A local beekeeper wasn't just a boon for our crops bu…

Published on 1 year, 5 months ago

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

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Two seemingly similar parking lots at Wrightsville Beach, North Carolina, couldn't be more different in the emergent behaviors they foster. From the orderly lines of the 85-space lot to…

Published on 1 year, 5 months ago

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

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The method of much of social science is "comparative statics." There's an amazing natura experiment going on, after Hurricane Maria changed the environment for the rhesus macaques of Ca…

Published on 1 year, 5 months ago