Further Economy Stability

How often we hear, people changing their companies in pursue of better income and benefits? Most of us ever hear it. But don’t you know that company and its employees in fact need each other, employees are the company’s assets because of the absence of human resources the company will not be able to walk, [...]

Technological change does not feature prominently in most analysis of the boundaries of the firm. This argument may seem puzzling in that, in neoclassical economics, the boundaries of the firm are technologically determined by the relevant production function, but the approach taken both by the neo-classicists and later writers generally ignores the effects of subsequent [...]