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Ep. 39: Alex Tabarrok on the Dance between Centralization and Decentralization in City Governance, Baumol Effect vs. Regulation in Increasing Price Levels and Economic Insights for Entrepreneurs

Stranded Technologies Podcast

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Is There a Marketing Change in the Insurance Industry?

I have this nagging feeling that it's one of the most low-ending fruits. But there's all these barriers, like Robin Hanson said, that insurance wasn't allowed by the commodities and futures extension commission until the early 20th century because it was considered gambling. So I guess the big picture that I would say is that we need more experiments in governance. Somewhere between the micro and the nation state, the macro and voluntary cities are probably the best alternative. Because a lot goes on in cities. Cities are really the engines of the economies.

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