Summary: Since they can have so many internal issues, why do we have big companies at all? Pabst Brewery, Milwaukee, Wisconsin. Source: American Gardening It’s not a trivial question. In theory, we could all be independent contractors, offering our labor in a great big market, with no bureaucracy. But we would have to devote a lot of time to finding markets for our work, negotiating prices, and getting paid—administrative tasks that aren’t productive. Those kind of transaction costs […]
