Transaction Cost

The cost associated with exchange of goods or services and incurred in overcoming market imperfections. 

Are Entrepreneurs Modern Day Heroes?

Entrepreneurs are both problem solvers and wealth creators. Extremely successful entrepreneurs, therefore, are not evil. Rather, they are modern day heroes.

What Caused The Economic Boom of Wealth - Learn Liberty

In this Economics Made Easy video, we talk about the history from where we started to where we are today, because of the economic boom of wealth in our modern society.
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