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Costos De Transacción: Un Hallazgo No Tan Reciente. Aproximación A La Teoría De Los Costos De Circulación De Karl Marx

Listed author(s):
  • German Darío Valencia Agudelo

The contributions of the neoinstitutionalist school are recognized today like one of the more important in the economic field; this due that include a range of aspects that are fundamental in the taking of decisions of the companies called Transaction Costs in their economic analysis of the market. The paradoxical thing is that this “great discovery” it had already been exposed before one century by Karl Marx in the Second book of The Capital, Critic of the Political Economy. Marx’s contribution about the Costs of Circulation it is enormous, because it defines, it classifies and it proposes solutions to this expense in a rigorous and novel way, even leading to the current proposals. The strange thing is that this theoretical proposal has not been recognized by none of the economists that work in the topic.

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Paper provided by Universidad de Antioquia, Departamento de Economía in its series Grupo Microeconomía Aplicada with number 037.

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Length: 19 pages
Date of creation: 2008
Handle: RePEc:lde:grupom:037
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