"Following the lead given by new institutional economics, we shall take the transaction as our unit of analysis. For o…"

"Markets are institutions that exist to facilitate exchange, that is, they exist in order to reduce the cost of carryi…"

"These individual actions are really trans-actions instead of either individual behavior or the "exchange" of commodit…"

"A large part of what we think of as economic activity is designed to accomplish what high transaction costs would oth…"

"In a way the establishment in 1760 of what, as , was to become the world's most famous toyshop, symbolised the new wo…"

"Children of my day, even in s, had very little in the way of toys. Toy shops were almost unknown; modern mechanical p…"

"I don't remember ever going to a toy store as a child. Although specialty toy stores existed in major cities like New…"

"Currency devaluations stimulated recovery in two ways: allowing nominal interest rates to fall and, so long as people…"

"This ground-plan, conceived by a great architect, exhibits a fundamental metaphysical dualism in Plato’s thought. ...…"

"As existing markets expand and REIT-like structures are introduced in more countries, we expect to see the overall ma…"