Oliver Williamson, UC Berkeley's newest Nobel laureate in economics, is described as a traditional scholar with a dry wit who is generous with his time and ideas. [T]he Nobel committee cited Williamson's "analysis of economic governance, especially the boundaries of the firm." Williamson's most important book was "Markets and Hierarchies," which tried to answer the question: How do we organize, hierarchically or horizontally? |
Read the rest of the story HERE:
At www.sfgate.com
Margaret Bassett passed away August 21, 2011. She was a treasured member of the Opednews.com editorial team for four years.
Margaret Bassett--OEN editor--is an 89-year old, currently living in senior housing, with a lifelong interest in political philosophy. Bachelors from State University of Iowa (1944) and Masters from Roosevelt University (1975) help to unravel important requirements for modern communication. Early introduction to computer science (1966) trumps them. It's payback time. She's been "entitled" so long she hopes to find some good coming off the keyboard into the lives of those who come after her.