Coase Encounters of the Third-Party Kind
What does the lowering of transaction costs by information technology imply for the two-party system in the U.S.? Ronald Coase knew, and Everett Ehrlich explains. (Hat tip: Will Wilkinson)
What does the lowering of transaction costs by information technology imply for the two-party system in the U.S.? Ronald Coase knew, and Everett Ehrlich explains. (Hat tip: Will Wilkinson)