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In firms without formal policies, partners play to their consciences.
There's also spare capacity in firms, as well as in the labour market, he adds.
Then there are the countless people who work in firms and businesses, supplying our stores.
"Male sole practitioners are there because they can't get on in firms".
Readers say Circumstances change in firms, so new recruits may get better deals.
Machisa said: "We've got alarming, shocking human rights abuses in firms operated by the Chinese.
But generally, when sales and profits drop, wages aren't cut, even in firms undergoing layoffs.
Traditionally, the truly risky activities in finance happened in firms organised as partnerships.
What will that mean for Berkshire's investments in firms like Wells Fargo?
Much better to set them up in firms of their own and give them contracts.
But it reduces productivity, by 0.1-0.3 0.1-0.3rms that were already less productive.
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