Sunday 20 December 2009

Quote of the day

... textbook orthodoxy [the neoclassical model] provides the theory of the firm mainly for economists who are not much interested in the theory of the firm per se. (Winter 1993: 186)
Winter, Sidney G. (1993). `On Coase, Competence, and the Corporation'. In Oliver E. Williamson and Sidney G. Winter (eds.), The Nature of the Firm: Origins, Evolution, and Development, New York, Oxford: Oxford University Press.

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