Contemporary legal doctrine holds that corporate managers have obligations, first and foremost, to maximize profits for their shareholders. This doctrine is based on the assumption that shareholders alone bear the financial risks and contribute the equity necessary for productio…
For five decades the American economy has devoted some of its best resources to waging the Cold War. By the 1990s, this investment had not only made the United States the world's high-tech cop but had also successfully launched many new industries--computing, chip-based electron…
For five decades the American economy has devoted some of its best resources to waging the Cold War. By the 1990s, this investment had not only made the United States the world's high-tech cop but had also successfully launched many new industries -- computing, chip-based electr…
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