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The Internal Economy of Large Firms

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On the scale of economic organisation, the internal economy of the firm would seem to be at the opposite end from the economics of international trade, which was Professor Harry Johnson's special interest. In defence of my choice of topic for this occasion, I might point out that the internal economics of multinational firms span the globe and cross many national boundaries. However, I shall not today give any special attention to multinational firms, but just to large ones.