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    Politics / corporations, shareholder value, theory of the firm /

    Under Pressure

    January 11, 2021

    I am learning that it takes a while to come to terms with the trauma of an attempted coup. Various people are reacting differently depending on their state of mind prior to the attempt.  What catches my eye, given my own perspective on the role of business in society, is the pressure emerging on our […]

    Politics / January 6th, Trump /

    January 6, 2021

    January 10, 2021

    The crisis lingers on. One would think, although we are now in an odd world, that abetting, instigating, and applauding an attack on Congress would result in more than a gentle rebuke.  Apparently not.  The wheels of American politics move extremely slowly and the perpetrator of the crime still is hunkered down in the White […]

    Economics / Ciepley, corporations, Kaplan, Milton Friedman, Stigler Center, theory of the firm /

    The Firm, Yet Again

    December 9, 2020

    There is a new eBook published by the Stigler Center which is an offshoot of the Booth Business School at the University of Chicago.  The publication contains a number of short essays either attacking or defending the infamous pronouncements by Milton Friedman on the role of the corporation.  This year, you may recall, is the 50th […]

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