>If history teaches us anything, If history teaches us anything, it's that economic reality changes. In the 18th century, the optimal size of the firm was smal

>If history teaches us anything, If history teaches us anything, it's that economic reality changes. In the 18th century, the optimal size of the firm was small. There were many independent artisans. In the 19th and most of the 20th, industrialization occurred and firms faced increasing returns to scale. Soon, the mega-corporate-conglomerate ruled the world. Now, information technology means that even small teams can be highly productive. Billions dollar investment funds are run by 20 people. It is not unreasonable for young people to wish for or strive for the return of the artisan age.