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Hunter Hastings

Entrepreneurial Strategy, Tools, and Philosophy Rooted in Austrian Economics

Tomorrow 3.0

Where’s The Profit In Digital Innovation? It’s In Reduced Transaction Costs.

posted byHunter Hastingson

Economists tend to use weird and unhelpful language. One of their terms is Transaction Costs and these things are really important. They’re the reason why firms exist at all, and they’re the reason …

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