Oliver E. Williamson
Quote
The remediableness criterion is an effort to deal symmetrically with real world institutions, both public and private, warts and all. The criterion is this: an extant mode of organization for which no superior feasible form of organization can be described and implemented with expected net gains is presumed to be efficient.
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Related word tools
Often perfumed powder
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Hint 1 meaning
A soft mineral of a soapy feel and a greenish, whitish, or
grayish color, usually occurring in foliated masses. It is hydrous
silicate of magnesia. Steatite, or soapstone, is a compact granular
variety.
Hint 2 anagram
ACTL
Hint 3 another clue
BABY DOCTOR FOR SHORT
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