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Why are rail subsidies so high? The lessons from transaction cost economics

June 21, 2014

Richard Wellings on The Influence of Coase on Economic Policy – The Next 50 Years from Institute of Economic Affairs on Vimeo.

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Filed under transport Tagged with rail privatisation, Ronald Coase, transaction costs, vertical integration

Unknown's avatarAbout Richard Wellings
Libertarian and Austrian economist.

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