The Nature of the Firm | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-06-14

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/The_Nature_of_the_Firm


00:00:23 1 Summary
00:03:47 2 Reactions
00:05:16 3 See also
00:05:33 4 Notes



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Speaking Rate: 0.8155228172573649
Voice name: en-AU-Wavenet-B


"I cannot teach anybody anything, I can only make them think."
- Socrates


SUMMARY
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“The Nature of the Firm” (1937), is an article by Ronald Coase. It offered an economic explanation of why individuals choose to form partnerships, companies and other business entities rather than trading bilaterally through contracts on a market.  The paper won a Nobel Prize in Economic Sciences in 1991.