2min chapter

Planet Money cover image

Surprise, you just signed a contract! How hidden contracts took over the internet

Planet Money

CHAPTER

The Third Revolution in Contracts: How the Internet Breaked Contracts

For decades, the law of contracts was that it didn't really matter how you arrived at a deal. But now courts are considering things like transaction costs to make deals more efficient. This is one case that opened the door to the stream of contracts we see today.

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