Transactions Costs Quotes & Sayings

I am girl overboard.
But you do make drowning fun. — Casey Renee Kiser

When you look at the government, when the government collects a buck, it's not free. They have to spend resources, the IRS, audits, all this sort of crap, to collect the dollar. I'm not assuming any Laffer curve effect here at all. There are just transactions costs of collecting that money. — Arthur Laffer

A firm consist of the system of relationships which comes into existence when the direction of resources is dependent on an entrepreneur ... As a firm gets larger, there may be decreasing returns to the entrepreneur function, that is, the costs of organizing additional transactions within the firm may rise. — Ronald Coase

Stonewall" has come to mark the origins of gay political activism although earlier groups in countries such as Germany, the Netherlands, Switzerland and the French movement that grew out of the May 1968 events cannot be ignored. — Chantal Zabus

Privatization, of course, is based on yet another myth: that government-run programs must be inefficient, and privatization accordingly must be better. In fact, as we noted in chapter 6, the transaction costs of Social Security and Medicare are much, much lower than those of private-sector firms providing comparable services. This should not come as a surprise. The objective of the private sector is to make profits - for private companies, transactions costs are a good thing; the difference between what they take in and what they pay out is what they want to maximize.31 — Joseph E. Stiglitz

There are a couple of different types of food I eat a lot. I was raised in the South, in Tennessee, so I'm going to go with comfort food, soul food. I would probably start with collard greens and candied baby carrots and then have some biscuits and white gravy - and for dessert, probably blackberry cobbler. — Megan Fox

C.P. Office sees its particular product (buildings) as the readily recognisable parts of its continuous design process. — Cedric Price

Expansion presented the United States with a dilemma that has confronted many colonial powers. If it allowed democracy to flower in the countries it controlled, those nations would begin acting in accordance with their own interests rather than the interests of the United States, and American influence over them would diminish. — Stephen Kinzer

Any economic network is largely dependent on trust if it is to function well. As economists put it, a high degree of trust lowers the costs of transactions and compensates for a lack of information. According to the American philosopher Francis Fukuyama, trust is a key prerequisite for prosperity. — Daniel Ammann

When we create something, we always create it first in a thought form. If we are basically positive in attitude, expecting and envisioning pleasure, satisfaction and happiness, we will attract and create people, situations, and events which conform to our positive expectations. — Shakti Gawain