Podcast Episodes

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 intriguing question posed by a curious high school student…

Published on 1 year, 6 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 Failure."

Was AC Pigou the first "Public Choice" theorist…

Published on 1 year, 6 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 crossing, where public and private lands meet at a sing…

Published on 1 year, 6 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 Hummel's insights, adding a few thoughts of my own. 

A…

Published on 1 year, 6 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 University opens up about his academic pivot from computati…

Published on 1 year, 7 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 in shaping our understanding of societal conventions …

Published on 1 year, 7 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 Center for History of Political Economy at Duke Univer…

Published on 1 year, 9 months ago

Making Deals With Shadows: The Economics of Ransomware and Cybersecurity

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The digital realm is rife with invisible threats, and this episode doesn't shy away from the gritty realities of ransomware and the burgeoning industry of cyber insurance. We tackle the…

Published on 1 year, 10 months ago

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

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Unlock the secrets of the energy market evolution with economist Professor Lynn Kiesling, who brings her expertise on transaction costs and the digital transformation of the electricity…

Published on 1 year, 11 months ago

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

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TAITC tries to navigate the complex world of 5G, Huawei, and the telecom revolution with special guest John Pelson, author of the thought-provoking book, Wireless Wars. With Pelson's un…

Published on 2 years ago