3min chapter

Dwarkesh Podcast cover image

Alex Tabarrok - Prizes, Prices, and Public Goods

Dwarkesh Podcast

CHAPTER

The BAMULE Effect on Education

Bommel: Even as the price has gone up, we're spending more on these goods. He says there are two effects going on at the same time, which BAMULE nicely has both of them. The progressive sector is growing more productive but that means you're also getting richer; it's not contradictory in Bommel's theory to spend more and a good even as the prices go up.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode