The Challenge of Paying for What Was Once Free
Michael and Russ explore the psychological barriers people face when transitioning from receiving something for free to having to pay for it, using examples like music and news subscriptions. They discuss the sense of entitlement and irrational behavior that can arise when individuals forego transactions due to a belief that it should be free.In this clip
From this podcast

EconTalk
Michael Munger on Love, Money, Profits, and Non-profits
Related Questions