Tags » Coase

The Great Fintech Convergence leading to partnerships with small banks

During the Global Financial Crisis in 2008 it became clear that Big Banks had become unmanageable and dangerous. The behemoths were crumbling before our eyes. Since then, Banks have cleaned up a lot of the financial leverage that was the precipitate cause of the crisis. 1,930 more words

Small Business Banking

Google Interview Question 2

In this series I will be attempting to answer current and retried Google interview questions. As outlined in the books How Google Works and Work Rules! 444 more words

Nature of the firm

A fundamental change over the 20th century, paraphrased from a Paul Graham article:

In the early 20th century, big companies were synonymous with efficiency, as compared to delivering a product using a network of cooperating companies. 20 more words

Home in one?

Migration pressure mounts to climbing real estate prices. This is a headache for the central bank facing declining petroleum investments and increasing unemployment on the one hand, and increasing asset prices on the other. 723 more words

Economists Misunderstand What They Teach

A popular theorem within economics comes from Ronald Coase, an economist who won the Nobel for his analysis of the firm and revitalization of institutional analysis. 847 more words

Economics

How Transaction Costs Theory explains the size of the firm

Recently I came across an article on Transaction Costs Theory that was written around the time when Elinor Ostrom  and Oliver Williamson were conferred the Nobel prize in 2009. 435 more words

Economics