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Permissionless Innovation: Unshackling Potential or Unleashing Chaos?


Season 1 Episode 20


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What limits innovation? Is that good? I talk to Adam Thierer, senior fellow at the R Street Institute, exploring the concept of permissionless innovation and its far-reaching implicatio…


Published on 2 years, 1 month ago

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


Season 1 Episode 19


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Are you intrigued by the transformative potential of blockchain and Ethereum? This conversation with Ryan Berckmans, an Ethereum enthusiast and savvy investor, will unravel world that r…


Published on 2 years, 1 month ago

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Effective Altruism and the Transaction Costs of Maximizing Expected Value


Season 1 Episode 18


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A thought-provoking conversation about Effective Altruism (EA) with technologist Ben Goldhaber, as we explore its intersections with utilitarianism and transaction costs. We'll try to n…


Published on 2 years, 3 months ago

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


Season 1 Episode 17


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There are three reasons to impose taxes, it seems:
1. To discourage behavior "we" don't like
2. To raise revenue for things "we" want 
3.  To achieve a pattern of social justice in the dis…


Published on 2 years, 4 months ago

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All You Can Eat, or By the Ounce?


Season 1 Episode 16


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There are many different pricing and packaging schemes for serving food in restaurants, and they all seem to coexist. But there are some significant differences, and thinking in terms o…


Published on 2 years, 4 months ago

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


Season 1 Episode 15


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Are HOAs an argument for anarchy, or an example of it?
Ex post recontracting as a form a of aggression, when the enforcer of contracts is also a party to the contract.
And of course the T…


Published on 2 years, 4 months ago

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The Red Dots Three, Parsley, and Counting Sheep


Season 1 Episode 14


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The listener letter last week asked about the the three "red dots" that are used to identify liquor stores in South Carolina.
Turns out that this kind of "shibboleth" is a way of identif…


Published on 2 years, 4 months ago

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


Season 1 Episode 13


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How do you trade off your own interests against the interests of others? And what role do transaction costs play? A discussion of our "interest" in the welfare of others,  and the compl…


Published on 2 years, 4 months ago

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


Season 1 Episode 12


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What do Monty Python, George Akerlof, and the academic publishing industry have in common? They're all part of the explanation for the way academic publishing works.  High transaction c…


Published on 2 years, 5 months ago

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Faith and Loyalty through the TC Lens


Season 1 Episode 11


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Transaction costs can help institutions build loyalty and commitment among their members. Starting with the biblical story of Abraham, we delve into the delicate balance of setting tran…


Published on 2 years, 5 months ago





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