We All Work at Enron Now
Harvard Business Review
FEBRUARY 16, 2011
Markets would fail at allocating capital — and misallocate and malinvest it in low-worth stuff instead. The real crisis isn't a transient, passing event ("the great crash of 2008"), but a persistent, enduring, deeply flawed relationship that produces crashes ever faster, and ever more violently. Megafailure.
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