Tag: commercial society
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Size Matters in Business, Congregations, and Economics
Why Do Many Small Businesses not Sell? Lea Bailes, an attorney and business owner, explored this question at his blog yesterday. The dynamics of being a small business are part of the problem. He writes: “Because of the personal goodwill attributed to the owner of the business, many owner-operated small businesses are not marketable. Generally,…
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Allocation of Limited Resources. Part 2 (Two Communities)
I wrote in the previous post that markets are the most just and efficient way of allocating resources in mass society. But as I noted at the end, markets are far from perfect. Neither are they appropriate for all forms of human interaction. I want to spend the rest of this series of posts discussing…