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The Answer Is Transaction Costs

Michael Munger
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Social SciencesPodcastsScienceNewsPoliticsEN-USunited-states
4.7 / 5
"The real price of everything is the toil and trouble of acquiring it."  -Adam Smith (WoN, Bk I, Chapter 5)In which the Knower of Important Things shows how transaction costs explain literally everything. Plus TWEJ,  and answers to letters.If YOU have questions, submit them to our email at taitc.email@gmail.com There are two kinds of episodes here: 1. For the most part, episodes June-August are weekly, short (<20 mins), and address a few topics. 2. Episodes September-May are longer (1 hour), and monthly, with an interview with a guest.Finally, a quick note:  This podcast is NOT for Stacy Hockett. He wanted you to know that.....
Top 75.6% by pitch volume (Rank #37791 of 50,000)Data updated Feb 10, 2026

Key Facts

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N/A
Episodes
71
Founded
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Category
Social Sciences
Number of listeners
Private
Hidden on public pages

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Public snapshot
Audience: Under 4K / month
Canonical: https://podpitch.com/podcasts/the-answer-is-transaction-costs
Reply rate: Under 2%

Latest Episodes

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Adam Smith's Wealth of Nations Episode 9: Spending, Taxing, and Debt

Tue Jan 27 2026

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Send us a text We walk through Book Five of The Wealth of Nations to map a state that defends, adjudicates, and builds wisely, then pays for it without killing growth. From militias to standing armies, fee-based courts to salaried judges, turnpikes to basic schooling, and taxes to debt, we test what holds up now. • defense as a professional, civilian-controlled standing army • justice as predictable law and salaried judges • public works funded by user fees where feasible • education to offset division of labor’s civic costs • incentives in universities and churches • four tax maxims and ability to pay • why land taxes beat mobile capital taxes • state property and monopolies as bad revenue • debt, consols, and fiscal illusion • Smith with Hume and public choice echoes We do have one more episode, which is a summing up and taking stock of why the Wealth of Nations still matters today. It will post Tuesday, February 24th, 2026. 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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Send us a text We walk through Book Five of The Wealth of Nations to map a state that defends, adjudicates, and builds wisely, then pays for it without killing growth. From militias to standing armies, fee-based courts to salaried judges, turnpikes to basic schooling, and taxes to debt, we test what holds up now. • defense as a professional, civilian-controlled standing army • justice as predictable law and salaried judges • public works funded by user fees where feasible • education to offset division of labor’s civic costs • incentives in universities and churches • four tax maxims and ability to pay • why land taxes beat mobile capital taxes • state property and monopolies as bad revenue • debt, consols, and fiscal illusion • Smith with Hume and public choice echoes We do have one more episode, which is a summing up and taking stock of why the Wealth of Nations still matters today. It will post Tuesday, February 24th, 2026. 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

Key Metrics

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Pitches sent
8
From PodPitch users
Rank
#37791
Top 75.6% by pitch volume (Rank #37791 of 50,000)
Average rating
4.7
Ratings count may be unavailable
Reviews
10
Written reviews (when available)
Publish cadence
N/A
Episode count
71
Data updated
Feb 10, 2026
Social followers
13.6K

Public Snapshot

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Social SciencesPodcastsScienceNewsPolitics
Country
United States
Language
EN-US
Language (ISO)
Release cadence
N/A
Latest episode date
Tue Jan 27 2026

Audience & Outreach (Public)

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Audience range
Under 4K / month
Public band
Reply rate band
Under 2%
Public band
Response time band
1–2 days
Public band
Replies received
1–5
Public band

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Presence & Signals

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Social followers
13.6K
Contact available
Yes
Masked on public pages
Sponsors detected
Private
Hidden on public pages
Guest format
Private
Hidden on public pages

Social links

No public profiles listed.

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Monthly listeners49,360
Reply rate18.2%
Avg response4.1 days
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Reviews

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4.7 / 5
RatingsN/A
Written reviews10

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Frequently Asked Questions About The Answer Is Transaction Costs

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What is The Answer Is Transaction Costs about?

"The real price of everything is the toil and trouble of acquiring it."  -Adam Smith (WoN, Bk I, Chapter 5)In which the Knower of Important Things shows how transaction costs explain literally everything. Plus TWEJ,  and answers to letters.If YOU have questions, submit them to our email at taitc.email@gmail.com There are two kinds of episodes here: 1. For the most part, episodes June-August are weekly, short (<20 mins), and address a few topics. 2. Episodes September-May are longer (1 hour), and monthly, with an interview with a guest.Finally, a quick note:  This podcast is NOT for Stacy Hockett. He wanted you to know that.....

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