Alex Tabarrok
speaker
240 appearances
2 recordings
2 series
first heard May 2026
last heard 9 Jun
Alex Tabarrok’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Jun 2026 with 1.
Appearances
You know, or cobblers.
When was the last time you took your shoes to a cobbler?
You know, my mother will say, oh, the new generation, they just don't care about repairing things, you know?
And I'd say, no, no, mom, I love you.
But look, it's that the cost of repair has just gone up so much compared to just the cost of buying a new pair of shoes.
Exactly, exactly.
So, you know, I had a, my car had some, I bashed it in the parking lot, you know, and it was like, not a serious, you know, just a surface injury, but it was like a third the price of the car, the value of the car just to repair the side, you know, and that's pretty typical.
Yeah, so the big question is robots, right?
If you can replace labor with capital, then a lot of the Bommel effect goes away, which would be great.
I mean, that would be great.
Basically, you know, anything that improves productivity is good, but I think people also get a little bit too upset about the Bommel effect because really,
why another way of putting it is why are services getting more expensive?
It's because manufactured goods are getting cheaper, right?
It's because what we have to pay for the services in terms of giving up other goods has gone up in price, but still,
We're richer than ever before, which is why people keep buying more education and more health care, right?
So that's another reason why I don't buy entirely the regulation story.
Because if it was sort of regulation and the price of health care was going up, people would buy less of it.
But actually, they're buying more of it.
So it's the fact that our productivity is going up.
We can afford more of it.
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