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But these empirical findings do not contradict Coase's theory of the firm at all. Workers are paid to be available and do work as needed. Everything Graeber br
by overrun11 2y ago
But these empirical findings do not contradict Coase's theory of the firm at all. Workers are paid to be available and do work as needed.
Everything Graeber brings up has an explanation in basic economic theory but he makes no attempt to meaningfully engage with it or even show he is aware an alternative explanation exists.