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Dec. 26th, 2016
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Dec. 26th, 2016 10:21 amLast night, while watching the finale of the 4th season of the Americans, I moved all my posts to timelets.dreamwidth.org . Although I'm still not sure whether to continue crossposting to LJ or even keep the old journal, my new entries will be on dreamwidth.
Anyway, the 4th season of the Americans feels like a novel, not a TV show. In a nutshell - this is the best story I know about a family life in an arranged marriage. That is, the marriage was arranged by the KGB and it endured under the strain of marital infidelities and situations of extreme stress.
Anyway, the 4th season of the Americans feels like a novel, not a TV show. In a nutshell - this is the best story I know about a family life in an arranged marriage. That is, the marriage was arranged by the KGB and it endured under the strain of marital infidelities and situations of extreme stress.
Quote of the Day: Contract
Dec. 26th, 2016 11:44 amThe contract is one whereby the factor, for a certain remuneration (which may be fixed or fluctuating), agrees to obey the directions of an entrepreneur within certain limits. The essence of the contract is that it should only state the limits to the powers of the entrepreneur. Within these limits, he can therefore direct the other factors of production.
- Ronald Coase, The Nature of the Firm. 1937.
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Remarkably, the Ancient Romans developed Contract Law for their barbarian subjects because proper Romans were governed by family laws, rules and traditions. The Romans needed something that would regulate people outside of the family. Over time, the contract became a dominant form of business relationships.