Episode summary: Send us a text Join economist Peter Bettke as he discusses how transaction costs impact market efficiency and our everyday decisions. We delve deep into historical examples, particularly the Soviet Union, to highlight the consequences of centralized planning versus individual market actions. Through engaging anecdotes and rigorous analysis, Bettke reveals why understanding transaction costs is essential for navigating the complexities of modern economies. We also explore the evolving d…
Webmentions
Webmentions allow conversations across the web, based on a web standard. They are a powerful building block for the decentralized social web.
If you write something on your own site that links to this post, you can send me a Webmention by putting your post's URL in here:
Comments
Webmentions
Webmentions
Webmentions allow conversations across the web, based on a web standard. They are a powerful building block for the decentralized social web.
If you write something on your own site that links to this post, you can send me a Webmention by putting your post's URL in here:
Webmentions