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7min chapter
Why Bosses Don't Wear Bunny Slippers: TAITC
The Answer Is Transaction Costs
Intro
This chapter explores the concept of transaction costs, highlighting their historical significance and the insights of key economists. The speaker shares personal experiences related to their academic journey while discussing Ronald Coase's impact on the understanding of how firms and markets operate differently.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode