Re:In the Future, Employees Won’t Exist
by heimatau on Sunday June 14, 2015 @11:00AM
(#9715115)
Market replacing firms. I like the way you phrased things. It's more precise than my current explanation. I don't have much to add other than I really liked your breakdown. We have an complex market, thanks for describing Coase's paper.
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If you're interested, the original paper is very accessible. He also interviewed on econtalk shortly before his passing. Still sharp (and cranky about everyone misunderstanding "Coase Theorem" well into his 90s.
http://www.econtalk.org/archives/2012/05/coase_on_extern.htm...