Kathryn and Kenzi are shallow (and honest) enough that they want people to think they are educated snobs when they go to the grocery store. How did they accomplish this? Listen to find out!
There’s no such thing as a free lunch?
Wait a second...but what if we didn't PAY for it? Kenzi and Kathryn talk about free lunch at conferences, Double Tree cookies, and opportunity costs--how we actually pay for "free" things.
Get Your Hands Off My Things! A Tribute to Harold Demsetz
Image Source: The Institute for New Economic Thinking The economics community is mourning the death of another great economist. Dr. Harold Demsetz passed away January 4th at the ripe age of 88. He spent his life working on studying property rights: where they come from, how they are established, and how they affect the world … Continue reading Get Your Hands Off My Things! A Tribute to Harold Demsetz
Sock Exchanges and the Utility of Gift Giving
Happy holidays and Merry Christmas! Do you struggle with getting the right gifts? Maybe it's because of utility! Kathryn and Kenzi discuss how economics helps us understand why giving gifts is just so hard and why every gift exchange should include socks.
Bacon and Elasticities
What's your favorite breakfast food? In this episode of Katallaxy, Kathryn and Kenzi discuss the elasticities of breakfast. After this episode, Kenzi is debating whether she needs to hold an intervention for Kathryn's obsession with bacon. Listen in to discover just one more way economics applies to your daily life.