Introduction to Low Cost theory

Abstract

The term “low cost” has become ubiquitious in modern discourse and is used in reference to anything relatively inexpensive and/or easy to do. The concept has permeated most if not all spheres, with the media constantly applying it in discussions as wide-ranging as sports, football teams, funeral parlours, banks or investment funds. In opposition to these representations, however, the present Corpus seeks to demonstrate that these are approximations glossing over historical realities, starting...