The Behavior of the Labor-Managed Firm
The analysis of the labor-managed firm in this chapter will address the following issues: (i) the right to govern the firm, (ii) the formation and allocation of total revenue of the firm, (iii) the effects of property rights on the firm’s economic behavior, (iv) the role of bank credit, and (v) governmental controls.
KeywordsCapital Good Total Revenue Bank Credit Saving Account Owned Asset
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