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The Answer Is Transaction Costs
Michael Munger
68 episodes
2 days ago
Send us a text We explore why money became the default middleman and how a modern platform can make barter practical by slashing the costs of search, matching, and trust. Founder Jassim Baqer shares the story behind Tbadel, what people actually trade, and how reputation, bundling, and scale (might) make swaps work. • Adam Smith’s "double coincidence of wants" problem and transaction costs • Platforms as connection engines that lower search and matching costs • Tabottle’s origin, goals and na...
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All content for The Answer Is Transaction Costs is the property of Michael Munger and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Send us a text We explore why money became the default middleman and how a modern platform can make barter practical by slashing the costs of search, matching, and trust. Founder Jassim Baqer shares the story behind Tbadel, what people actually trade, and how reputation, bundling, and scale (might) make swaps work. • Adam Smith’s "double coincidence of wants" problem and transaction costs • Platforms as connection engines that lower search and matching costs • Tabottle’s origin, goals and na...
Show more...
Social Sciences
Comedy,
News,
Politics,
Science
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Money Killed Barter; Can a Platform Bring It Back?
The Answer Is Transaction Costs
48 minutes
3 days ago
Money Killed Barter; Can a Platform Bring It Back?
Send us a text We explore why money became the default middleman and how a modern platform can make barter practical by slashing the costs of search, matching, and trust. Founder Jassim Baqer shares the story behind Tbadel, what people actually trade, and how reputation, bundling, and scale (might) make swaps work. • Adam Smith’s "double coincidence of wants" problem and transaction costs • Platforms as connection engines that lower search and matching costs • Tabottle’s origin, goals and na...
The Answer Is Transaction Costs
Send us a text We explore why money became the default middleman and how a modern platform can make barter practical by slashing the costs of search, matching, and trust. Founder Jassim Baqer shares the story behind Tbadel, what people actually trade, and how reputation, bundling, and scale (might) make swaps work. • Adam Smith’s "double coincidence of wants" problem and transaction costs • Platforms as connection engines that lower search and matching costs • Tabottle’s origin, goals and na...