In Praise of the Corporation? [Rough thoughts]
Back at the end of March I came across the following, written by Jesús Fernández-Villaverde, online [cross-posted by Alex Tabarrok at Marginal Revolution] … “… Those who deny the problems of large bureaucratic organizations, and how deeply irresoluble those problems are, have not seen how not-for-profits work. I have never seen more acrimonious fights than […]