The Answer Is Transaction Costs cover image

We Get Letters!

The Answer Is Transaction Costs

00:00

Parking Innovations and Economic Misconceptions

This chapter explores the myth that widespread money distribution boosts wealth, revealing its potential to inflate prices instead. It shares a listener's insights on a successful parking reservation system at a music festival, discussing its economic implications and the possibility of auctioning spots for revenue.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app