Quotation of the Day…
by Don Boudreaux
on August 4, 2023
… is from page 19 of University of Connecticut economist Richard Langlois’s monumental 2023 study, The Corporation and the Twentieth Century:
Perhaps the most damaging, and the least noticed, effects of intense antitrust enforcement were the incentives it sometimes created to distort organizational design in ways that diminished organizational learning and slowed technological change.
