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And almost all economic activity and production is mediated and coordinated by firms. Very few transactions happen between unaffiliated individuals independently making and trading goods according to direct market incentives.
https://en.wikipedia.org/wiki/Theory_of_the_firm
https://en.wikipedia.org/wiki/The_People%27s_Republic_of_Wal...
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Day 1
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- 01Story posted
10/14/2025, 10:37:08 AM
36d ago
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10/14/2025, 1:25:44 PM
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10/28/2025, 5:14:54 PM
21d ago
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