market-schmarket (was: Dark Sides of 'Solidarity'?)
Richard Marens
parvus at u.washington.edu
Sat May 9 14:18:53 PDT 1998
I'm not sure that the cost of transactions and production can be so easily
seperated even in manufacturing. Is the cost of measuring size, weight a
production cost or a transaction cost? For services, such as running a
restaurant, I can't see how one can make the distinction at all.
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