In the act of exchange, as in the transmission of power by machinery, there is friction to be overcome, losses which must be borne, and limits which cannot be exceeded. (Antoine Augustin Cournot)

In the act of exchange, as in the transmission of power by machinery, there is friction to be overcome, losses which must be borne, and limits which cannot be exceeded.

Antoine Augustin Cournot

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act bear machinery overcome power transmission

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