Tabarrok on Stranded Technologies Podcast

I talk with entreprenreur Niklas Anzinger on the Stranded Technlogies Podcast. Niklas summarizes some of the discussion:

• This episode is an intellectual journey that discovers insights that can be used by entrepreneurs and city developers. We talk about the Baumol effect that Alex uses to explain the now infamous price chart.
• Alex’s recommendation to new city or governance startups like Prospera, Ciudad Morazan or the Catawba DEZ is to think of city development as a “dance between centralization and decentralization”.
• Economists have developed concepts that are waiting to be commercialized, e.g. prediction markets. In this episode, we talk about dominant assurance contracts and how they could be used in new city developments and fundraising.