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The Nature of the Firm (1937) R. H. COASE - NCCU

The Nature of the Firm (1937) R. H. COASE - NCCU

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economist thinks of the economic system as being co-ordinated by the price mechanism and society becomes not an organization but an organism.7 The economic system “works ... was something more important than the relations inside each factory or unit captained by an undertaker; there were the relations of the undertaker with the rest of the ...

  Unit, Economists

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