Ronald Coase, the economist who theorised the reason for the existence of firms, turns 100 today. The Economist’s Schumpeter column has this really nice piece about him: His central insight was that firms exist because going to the market all the time can impose heavy transaction costs. You need to hire workers, negotiate prices and… Read More »
last night we were driving to a restaurant when my friend who was driving realised, almost too late, that he was supposed to turn left not right. he had to hurry over to the lane that led left. he smiled and said that since he had a numbe rplate from a small city and not… Read More »
Today I decided to use google’s blogsearch tool to look for blogs that have entries on actor-network theory. I got this returned. I was kinda surprised that most of the blogs that have entries on ANT are written by graduate students (this, this and this are examples). Is there going to be a boom in… Read More »