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2min chapter
Desert Town Dilemmas and the Problem of Property Rights
The Answer Is Transaction Costs
Introduction
Explore the intersection of property rights, ideal theory, and transaction costs in traffic management with insights from political philosopher David Schmitz. Emphasizing practical outcomes and empirical research, the chapter advocates for a nuanced approach to economic analysis.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode