Discover how Oliver Williamson, a Nobel laureate, transformed economic thought with Transaction Cost Economics and influenced policy beyond traditional markets.

Last week my friend and co-author Mike Munger published our conversation on his podcast, The Answer is Transaction Costs: Smart Grids, DERs, and the Economics of Energy. He and I are both deeply ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...