The Internet reduces external coordination costs, and thus the "minimum efficient scale" for both the firm and the nation-state.
@AEI I have become suspicious of the small-is-better argument in pure form. Optimal size = dynamic f(many things)
8:06 AM - 20 Jun 2016
0 replies
0 retweets
4 likes
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.