
The mesh (E)
Akimbo: A Podcast from Seth Godin
00:00
What's the Point of a Factory?
Theory of the firm explains why a corporation should bring something in house or not. Ronald Coase wrote about this and he quantified how we think about what makes it worth having a firm to begin with. Imperfect information makes it difficult for you to rely on a cadre of rotating freelancers getting your work done. A restaurant can't outsource the chicken Kiev to a freelancer down the street because when you need the chicken Kiev, you need it now.
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