Programming Throneout, Episode 49, Tampor Protection. Take it away, Jason.

Hey, everyone. This is a double episode uh December double episode pretty excited about that um we're going to we have an amazing interview coming up and we want to

give a lot of time for that so uh you know we won't, we'll skip a lot of,

we'll usually cover in the beginning of the show

and save, you know, our tool of the show,

book of the show that we had lined up for next month.

But something I did want to talk about is what did things cost

and why did things cost what they do so someone sent me a

YouTube video uh co-worker sent me a YouTube video called uh most expensiveest uh stuff it's not stuff

it's actually the S word but but you can figure it out but it's it's a show um

where they just try like they drive the most expensive car and they try on a two million dollar

pair of shoes and things like that what yeah it's crazy um it's really funny actually um and so it made me think, you know, I mean, okay, these are extreme things, but in general, like, why do things cost what they cost?

Like, kind of who figures that out?

And, you know, we all took economics in high school.

And you talked about, you know, the supply curve and the demand curve and all of that. But it didn't

really, it doesn't really explain sort of like why those curves are what they are for different

things, right? So I did a bunch of research on this, poking around on Wikipedia and reading some papers and things

like that and basically what I learned is there's a lot of different theories and they're all true

you know to different degrees for different products so I'll just kind of go through them

the first one is called the labor theory of value.

And it's very simple.

It just says things are worth whatever it costs to produce them.

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