Today, SNL or the Onion, Tomorrow . . . ? | Organizations and Markets

Today, SNL or the Onion, Tomorrow . . . ?

6 April 2009 at 9:41 am Peter G. Klein Leave a comment

| Peter Klein |

From the opening sketch of last weekend’s Saturday Night Live:

My administration intends to do to every industry in this country, exactly what we are doing to the automakers. Every company will be vetted for fiscal soundness. Those judged best able to compete in the global economy will be offered a governmental subsidy. The others will be asked to cease operations at once. Hopefully, they will do so voluntarily, if not, they will be shut down by force.

Thanks to Gary Peters for the pointer.

Entry filed under: - Klein -, Bailout / Financial Crisis, Public Policy / Political Economy.

Open Innovation: Not So New Sutton Alert

Leave a comment

Trackback this post | Subscribe to the comments via RSS Feed

Recent Posts

Categories

Feeds

Our Recent Books

Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).

Peter G. Klein and Micheal E. Sykuta, eds., The Elgar Companion to Transaction Cost Economics (Edward Elgar, 2010).

Peter G. Klein, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).

Richard N. Langlois, The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy (Routledge, 2007).

Nicolai J. Foss, Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources (Oxford University Press, 2005).

Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds., Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).

Nicolai J. Foss and Peter G. Klein, eds., Entrepreneurship and the Firm: Austrian Perspectives on Economic Organization (Elgar, 2002).

Nicolai J. Foss and Volker Mahnke, eds., Competence, Governance, and Entrepreneurship: Advances in Economic Strategy Research (Oxford, 2000).

Nicolai J. Foss and Paul L. Robertson, eds., Resources, Technology, and Strategy: Explorations in the Resource-based Perspective (Routledge, 2000).