English businesses would face massive transaction costs if Scotland, their second biggest export market, used a different currency. — Nicola Sturgeon Copy Share Image
What is so terrible about transaction costs? On what basis are they considered the ultimate evil, so that their minimization must override… — Murray Rothbard Copy Share Image
Regardless of how it's done, transaction costs will continue to plummet as computers get more powerful. Low transaction costs are a wonderful… — Nathan Myhrvold Copy Share Image
