In a "fast-paced and well-written" work (Forbes), the authors reveal how innovations such as limitations on liability have permitted companies to rival religions and even states in importance, governing the flow of wealth and controlling human affairs-all while being largely exempt from the rules that govern our lives.
The Company is that rare, remarkable book that fills a major gap we scarcely knew existed. With it, we are better able to make sense of the past four centuries, as well as the events of today.
Partner and Head of Regulatory & Policy @baincapcrypto. Ex @worldcoin @SECgov @WilmerHale. Backyard 🔭 & 🍕 maker. Introverted extrovert.
@euler_mab Lots of good lists out there but I liked : Devil Take the Hindmost: A History of Financial Speculation, Chancellor A Short History of Financial Euphoria, Galbraith The Company: A Short History of a Revolutionary Idea, Micklethwait & Wooldridge The Price of Peace, Carter (recent)
media reporter mtani@semafor.com
In a note to staff today, Bloomberg EIC John Micklethwait said that recent changes at Twitter have “heightened the risk of using the platform as a source of news.” He also said the company would not allow staff to expense a Twitter Blue account.
James Plunkett is an author and researcher on technology and governance.
Really enjoying this history of the company from @adwooldridge and John Micklethwait. It’s so clear and concise and does a great job of conveying the revolutionary nature of the idea and its impact. https://t.co/T1e1tO1JDa
"Remarkable . . . True believers in the free market faith and heretics alike will profit from knowing this history."
-San Francisco Chronicle
"A swashbuckling journey through the past and into the future of the modern company."
-Los Angeles Times
The authors take up [the corporation's] tale with brio and wit . . . . Worthwhile for almost anyone with an interest in the subject."
-The Wall Street Journal
"The limited-liability joint-stock company is a very marvel of the modern world economy, a historical force to rival religions, monarchies, and even states. The Company tells the colorful story of its birth and maturation--and its pervasive social and cultural consequences--with rare concision and flair."
--David M. Kennedy, author of Freedom from Fear and professor of history at Stanford University
"A fascinating and delightful investigation both of how the guilds and 'corporate persons' of the Middle Ages turned into the institution from which so many people today directly and indirectly earn their daily bread and of the issues facing the company in the twenty-first century."
--Daniel Yergin, author of The Prize and coauthor of The Commanding Heights: The Battle for the World Economy