The Answer Is Transaction Costs cover image

Dating, Marriage, and the Costs of Search

The Answer Is Transaction Costs

00:00

The Problem With Socialism

This week's economics joke came from a letter from JB. He asked why businesses set prices below actual market values. The answer is that they don't want to charge more than the suggested retail price. Next week, we'll look at how Bruce Springsteen and Taylor Swift make money by gouging fans on tour.

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