Authors: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Regardless of how it's done, transaction costs will continue to plummet as computers get more powerful. Low transaction costs are a wonderful thing if you're in the transaction business. They're wonderful for consumers too, making it cheaper and easier to buy things and creating new things to buy.

Nathan Myhrvold

         
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