Untelling the Dominant Economic Story

David Sloan Wilson thinks there must be another story based on better assumptions

In How Putting Shareholders First Harms Investors, Corporations, and the Public, David Sloan Wilson (interviewing Lynn Stout) debunks several central aspects of conventional business thinking:

A bedrock assumption of economics is that firms become well adapted by competing against each other. If so, then consider a study that I reported upon earlier, whi…