What had always been a challenge for me to explain to others why I prefer doing my shopping in a hypermarket rather than going one by one to each bakery, butchery, and all other stores was the term I discovered recreantly by the name of “Transaction costs”....

Knowledge is a language Language is knowledge Often happens that you are aware of a fact but you can’t describe it in words, even in your mother language. That may happen either because it’s not yet clear for yourself how the problem functions or you...