Organizations and Markets
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The WSJ on Vertical Integration
| | Peter Klein |It’s not as bad as this 2006 piece from Slate, but Monday’s WSJ front-pager, “Companies More Prone to Go ‘Vertical,’” is underwhelming at best. It...more |
War, Taxes, and Doux Commerce
| | Dick Langlois |Uwe Reinhardt, a health economist at Princeton, is eminently familiar with the idea of moral hazard. In a recent blog in the New York Times, he applies the idea to war. “If t...more |
User Innovation and Collaborative Innovation
| | Dick Langlois |Two of my favorite scholars, Carliss Baldwin and Eric von Hippel, have bridged the Charles to team up on a joint manifesto pushing their related views on innovation. The paper is s...more |
My Naïveté
| | Peter Klein |I hoped Christy Romer would be a voice of reason within Obama’s economic team. What was I thinking? If yesterday’s WSJ op-ed is any indication, her role has been reduced ...more |
The Lazy Manager Theory
| | Peter Klein |Good ideas from John Wilkins, who earned a PhD in (I think) evolutionary biology while working as a full-time manager (via Randy). Sample elements of the Lazy Manager Theory:Never do...more |
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