Re: ECON: Theory: Free market limits company growth?

James Rogers (
Wed, 17 Sep 1997 19:40:19 -0700

At 06:51 PM 9/17/97 -0700, you wrote:
>James Rogers writes
>: It recently occurred to me that free market economics may actually
>: prevent the formation of really large corporate entities. [...]
>It all seems pretty obvious to me,
>but I couldn't have said it nearly as well.
>One effect left out is the tendency of regulation
>to harass the small firm to death.

As a contractor and business owner, I am very aware of the costly and
debilitating impact of regulations and the tax code.

Regulations and tax code were what I was talking about when I stated that
in the current market
low informational viscosity and technological agility were overshadowed by
more sinister factors.

Conversely, even a nearly free market would play hell with the IRS because
the tax codes would be a
nightmare to enforce in their current state. Thats why Internet commerce
disturbs them so much...

-James Rogers