As the transaction cost theory of the firm was taking shape in the 1970s, another important movement in economics was emerging: a revival of the “Austrian” tradition in economic theory associated with such economists as Ludwig von Mises and F. A. Hayek (1973; Dolan, ……………………
Austrian Economics and the Transaction Cost Approach to the Firm
Ein marxistisches System erkennt man daran, dass es die Kriminellen verschont und den politischen Gegner kriminalisiert.
— Alexander Solschenizyn