The Answer Is Transaction Costs
Michael Munger
4.8from 105 ratings
- 88
- Episodes
- 8
- Transcribed
- 105
- Ratings
- Weekly
- Cadence
- 2023
- First episode
About 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 (<20 mins), and address a few topics. 2. Episodes September-May are longer (1 hour), and monthly, with an interview with a guest. Finally, a quick note: This podcast is NOT for Stacy Hockett. He wanted you to know that.....
- Publisher
- Michael Munger
- Category
- comedy · news · science
- Language
- en
- Explicit
- No
- First episode
- 9 May 2023
- Latest episode
- 27 Sept 2026
Latest episodes
8 of 88 episodes have a transcript.
27 Sept 2026
A Pension Promise Only Works When Politics Honors It
25 Aug 2026TRANSCRIPT
God Speaks Hebrew But Understands Yiddish
19 Aug 2026TRANSCRIPT
The Main Course was Transaction Costs: Milton's Dinner with Ronald
Inside a recent episode
God Speaks Hebrew But Understands Yiddish
Published 25 Aug 2026 · Transcript excerpt
[…] Language and nationhood in his reading were the same project, not two separate ones. You can't have one without the other. And he picked Hebrew specifically for a hard-nosed strategic reason. Of all the candidate languages, Hebrew was the only one that was nobody's home turf, and yet everyone shared inheritance at the same time. Polish Jew, Yemenite Jew, German Jew, each had equal and equally partial claim on Hebrew. In coordination game terms, then, Hebrew was the unique focal point, the shelling point, around which a fractured, multilingual immigrant population could converge without any one faction winning linguistically over the others. […]
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- Apple Podcasts (US)
- 4.8 / 5
- 65 ratings
- Spotify
- 4.8 / 5
- 40 ratings
Podcast Authority Score: 59 / 100
A composite of feed quality, social presence, YouTube performance and engagement. Read the methodology.
- Quality
- 79
- Social presence
- 0
- YouTube
- 0
- Engagement
- 98
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Questions about The Answer Is Transaction Costs
How often do new episodes come out?
The show publishes weekly, based on its RSS feed.
Does The Answer Is Transaction Costs take guests?
Yes. Guests have been identified in episode analyses.
Where can I read transcripts?
8 of 88 episodes have a transcript on Pod Engine. Full transcripts are available with a Pod Engine plan.
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