Regardless Of How It's Done, Transaction Costs Will Continue To Plummet As Computers Get More Powerful. Low Transaction Costs Are A Wonderful Thing If You're In The Transaction Business. They're Wonderful For Consumers Too, Making It Cheaper And Easier To Buy Things And Creating New Things To Buy.
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Regardless Of How It's Done, Transaction Costs
Nathan Myhrvold
Regardless Of How It's Done, Transaction Costs Will Continue To Plummet As Computers Get More Powerful. Low Transaction Costs Are A Wonderful Thing If You're In The Transaction Business. They're Wonderful For Consumers Too, Making It Cheaper And Easier To Buy Things And Creating New Things To Buy.
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