Middlemen: From Mancgere to Amazon
The Answer Is Transaction Costs
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The Middleman in Action
The name Munger, M-U-N-G-E-R, comes from a dealer or trader in illicit goods. In the Saxon writings of the 11th century, we find it as Mankier,. So according to the etymology dictionary, the Latin noun was Mankonus - shady and deceitful. The Greek word Manganon is a worm machine for deceiving an enemy.
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