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Even economists have to take into account transaction costs. Hiring someone new is often a fairly costly transaction.
by azernik 12y ago
Even economists have to take into account transaction costs. Hiring someone new is often a fairly costly transaction.
- randomfool 12y agoI frequently worry that the measurement of success is shrinking from how a community prospers to how well an individual prospers. As low-wage workers commute from distant communities and we become isolated in our own worlds of gated communities and like-minded netizens, there's little incentive to improve our surroundings. It's tough to quantify the happiness and peace of mind that I get from experiencing a well cared-for community.