Episode 233 – Consumer Behavior (Podcast)

Today’s podcast is titled, “Consumer Behavior.” Recorded in 1995, Nobel laureates in Economics, Professor Ronald Coase (1991) and Professor Gary Becker (1992), both from the University of Chicago, discuss the strengths and limitations of utility theory in explaining consumer behavior and broader social phenomena. Listen now, and don’t forget to subscribe to get updates each week for the Free To Choose Media Podcast.