Podcast Episodes
Back to SearchBees, 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…
1 year, 8 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 f…
1 year, 8 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 c…
1 year, 8 months ago
Baseball, Dollar Dogs, Apple Pie and Transaction Costs
Season 2 Episode 4
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Why would a baseball stadium limit the number of $1 hot dogs per customer on Dollar Hot Dog Night? Find out as we work on this intrig…
1 year, 8 months ago
Dam Shame: It's not easy being government
Season 2 Episode 3
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I have been interested lately in a paper Bill Keech and I were working on a decade ago,
It was called "The Anatomy of Government Fail…
1 year, 9 months ago
Corner Crossing Conundrum: Trespassing, Airspace, and Property Rights
Season 2 Episode 2
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What if crossing a mere corner of private land could land you in legal hot water? This episode tackles the thorny issue of corner cro…
1 year, 9 months ago
The Riddle is Transaction Costs: That's What the Money is For!
Season 2 Episode 1
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Can a single $100 bill solve an entire town's debt crisis? This riddle is a window into transaction costs. I rely on Jeffrey Rogers H…
1 year, 9 months ago
From Commons to Coase and Beyond, With Steven Medema
Season 1 Episode 27
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What if understanding the hidden costs in every transaction could revolutionize how we see economics? Stephen Medema of Duke Univers…
1 year, 9 months ago
Desert Town Dilemmas and the Problem of Property Rights
Season 1 Episode 26
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We embark on a journey through the lenses of Hume, Smith, and Coase, piecing together the roles of observation and empirical study i…
1 year, 10 months ago
Caldwell: Hayek's Intellectual Journey
Season 1 Episode 24
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Come along on a journey through the corridors of economic history and methodology with our esteemed guest, Bruce Caldwell from the Ce…
1 year, 11 months ago