The Capitalism and Freedom in the Twenty-First Century Podcast cover image

Daron Acemoglu (MIT Economics Prof) on Institutions, Economic Growth, and AI

The Capitalism and Freedom in the Twenty-First Century Podcast

CHAPTER

The Impact of Firm Sizes and Legal Origins on Power Dynamics

This chapter examines how the size of firms, particularly in the tech industry, affects power dynamics and economic growth. It highlights the shift of large companies from minimal political involvement to significant influencers in Washington and discusses the impact of historical legal frameworks on economic outcomes.

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