Your English writing platform
Discover LudwigExact(4)
The Act required ''national banks" to guarantee bank note liabilities with federal bonds, thereby creating a new and stable currency, reducing transactions costs and facilitating exchange.
National banks also led to significant manufacturing output growth that was primarily driven by inputs use, and these changes can be attributed to national banks' role in providing short-term credit and reducing transactions costs in trade.
For example, in the case of platform capitalism, a neoliberal economic account tends to praise firms like Uber, Airbnb, TaskRabbit, and Postmates for promoting labor competition and improving quality, by telling a simple narrative about the incentives created by reducing transactions costs and creating more opportunities for individuals and firms to compete to provide services.
The bill, which was supported by the National Association of Realtors, is intended to help revive home sales in high-risk areas where uncertainty over flood insurance premiums was reducing transactions by targeting not only the more affluent portion of the population but also middle class American homeowners.
Similar(56)
Trading companies that gain access to long-term markets will reap savings by reducing transaction costs.
Professor Coase argued that reducing transaction costs helped explain why companies exist in the first place.
Reducing transaction costs enough to make it feasible to cater to very small savers is difficult.
Like Craigslist, Airbnb is reducing transaction costs and taking a cut of the savings.
Economic institutions (such as corporations) came to be viewed as social devices for reducing transaction costs.
In platform markets, cultivating user capability becomes as strategically important as reducing transaction costs.
And of course, in many areas, reducing transaction costs is a very good thing.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com