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A decade later, Coase worked out the economic argument in much more detail in "The Nature of the Firm". (The logic works the same for business enterprises in a
by bcoates 13y ago
A decade later, Coase worked out the economic argument in much more detail in "The Nature of the Firm". (The logic works the same for business enterprises in a market economy as it does for nation- or world-sized Communist economies)
http://onlinelibrary.wiley.com/doi/10.1111/j.1468-0335.1937.tb00002.x/full http://onlinelibrary.wiley.com/doi/10.1111/j.1468-0335.1937....