Middlemen: From Mancgere to Amazon

The Answer Is Transaction Costs

May 30, 2023•21 min•Season 1Ep. 4

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Episode description

Send us a text

Does Starbucks have surge pricing?

What is a Mancgere?

Should the Stomach go to the Wheat, or should the Wheat come to the Stomach?

Plus, the TWEJ!

Some things discussed this week:

Michael Munger, "Market Makers or Parasites" https://www.econlib.org/library/Columns/y2009/Mungermiddlemen.html

Frederic Bastiat, WHAT IS SEEN AND UNSEEN. https://www.econlib.org/book-chapters/chapter-chapter-1-what-is-seen-and-what-is-not-seen/

Frederic Bastiat, "The Negative Railroad." https://www.libertarianism.org/publications/essays/negative-railroad

David Friedman, HIDDEN ORDER. http://ndl.ethernet.edu.et/bitstream/123456789/2041/1/47.pdf.pdf

If you have questions or comments, or want to suggest a future topic, email the show at taitc.email@gmail.com !

You can follow Mike Munger on Twitter at @mungowitz

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