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What are transaction costs? Definition and meaning

Transaction costs are costs incurred when making an economic exchange of some sort - they are the costs of participating in a market. ....

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Knight-Wallace Journalism Fellows announced

The Wallace House Center for Journalists and the University of Michigan have selected the 2023-24 Knight-Wallace Journalism Fellows the 50th class in the program's history. ....

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Taxing Wealthy Dynasties Seen Backfiring in States Like New York

Billionaires are more motivated to move out of places with estate taxes as they get older, a new study finds. ....

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Where did millions of U.S. workers still missing after pandemic go?

Excess retirements, less immigration, long COVID and disappearance of low-wage service workers might all account for labour woes. Read on. ....

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Labor force down millions after covid

Millions of workers are still missing from the U.S. labor force three years after covid-19 surfaced, and economists are scratching their heads as to how big the gap actually is and where all these people went. ....

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