5min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

Alex Moazed – Building Modern Monopolies - [Invest Like the Best, EP.25]

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

Modern Monopoly - A Novel About Transaction Costs

I was surprised by a bit in your book, just bcause i'm used to business books being business books. Was a very interesting and detailed history of the thought lok isaac ronald cos on which are explored in detail. And he talks a lot about transaction costs. So could you get into some detail about what what our transaction costs wis good business to reduce them for people? What types are there? I think that those ideas may be applicable to anyone out there that's en on the personal level, reducing other people's transaction costs is good a the business level and so on.

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