Enrichment
Why do firms exist?
28th July 2017
Ronald Coase’s classic article on the theory of the firm is explored in this special article from the Economist.
In a nutshell - Coase’s theory is that successful economies need both the benign dictatorship of the firm & the invisible hand of the market
Coase’s theory of the firm https://t.co/VO1pt7RlY2
— The Economist (@TheEconomist) July 28, 2017
Who needs shareholders - Greg Ip links to an article in the Wall Street Journal
Econ twitter: pls read @jmackin2 col on corps outsourcing R&D. Seems to violate Coase's theory of the firm, no? https://t.co/xez9paKUgR
— Greg Ip (@greg_ip) May 19, 2017
The challenge of big data to the standard corporation
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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