Illegality prevents credit markets, forcing illegal firms to stay small
Related
- Illegality prevents mafia reputation from detaching from particular owners, blocking firm expansion (similarity 0.85)
- Illegality blocks credit markets, preventing separation of ownership and management (similarity 0.83)
- All illicit markets share the defining trait of being both unprotected and legally actionable. (similarity 0.82)
- Commerce requires liberty, contract security, trust, and justice (similarity 0.79)
- Mafia violence exceeds what rational enforcement economics would require (similarity 0.79)
- Juridico-political ideology masks the economic’s determinant role under capitalism (similarity 0.79)
- State weakness cannot explain the mafia’s emergence (similarity 0.79)