
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.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.