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Capture
The Chicago School
Culture & Society
The Digital Economy
Economic History
The Equitable Economy
The Green Economy
The Information Economy
International Economics
The Role of the State
About
Insights shaping the future of capitalism.
ProMarket
Insights shaping the future of capitalism
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The Chicago School
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Economic History
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Hart
Where Friedman Was Wrong
Asher Schechter
A new paper by Oliver Hart and Luigi Zingales argues that a company’s objective should be the maximization of shareholders’ welfare, not value. In 1970,...
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