| 31 | Conventional Wisdom, Chesterton Fences, and "Excuse me" 2023-07-04 |
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| 32 | Dollar Hot Dogs, Coupons, and Bidding for Wallets 2023-06-27 |
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| 33 | Women in Prison, and ALL Costs are Transaction Costs 2023-06-20 |
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| 34 | Dating, Marriage, and the Costs of Search 2023-06-13 |
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| 35 | Roads, Public Goods, and Focal Points 2023-06-06 |
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| 36 | Middlemen: From Mancgere to Amazon 2023-05-30 |
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| 37 | Propriety, Norms, and Traffic Congestion: Episode 3 2023-05-23 |
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| 38 | Exchange Takes "Place," and the Strange Case of Lettuce 2023-05-16 |
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| 39 | TAITC: Episode 1 2023-05-09 |
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The Answer Is Transaction Costs
"The real price of everything is the toil and trouble of acquiring it." -Adam Smith (WoN, Bk I, Chapter 5)In which the Knower of Important Things shows how transaction costs explain literally everything. Plus TWEJ, and answers to letters.If YOU have questions, submit them to our email at taitc.email@gmail.com There are two kinds of episodes here: 1. For the most part, episodes June-August are weekly, short (
