[RRE/DCSB] "Firms"? We don't need no stinkin' "firms"
Robert S. Thau (rst@ai.mit.edu)
Mon, 27 Dec 1999 14:03:49 -0500 (EST)
Rohit Khare writes:
> >-----BEGIN PGP SIGNED MESSAGE-----
> >
> >A Christmas, um, present, from Dr. Phil Agre, below, wherein he pisses,
> >rather, heh, pointedly, on the whole notion of whether or not Moore's law
> >creates geodesic networks, whether or not geodesic networks reduce
> >transaction cost, whether or not reduced transaction cost reduces firm
> >size, and, finally, whether or not Ronald Coase really *meant* that
> >reduced transaction cost reduces firm size at all. The latter being an
> >idea which, the last time I looked, not only got Coase the Nobel Prize,
> >but is, more or less, the fundamental theorem of microeconomics. Not that
> >an award from a "mass-murdering arms merchant" matters, according to
> >people in some Lit/Crit -- and continental philosophy -- departments.
> >:-).
Wow. There are people out there who *don't* read Red Rock Eaters?
rst