Some voices argue that grant-making foundations are social innovators or the vanguard of society. Others see foundations as weak and encapsulated institutions, deprived of effective internal or external stimuli, and unable to deal with broad social problems. Both arguments have merit. While some...

The difference between markets and organizations is often exaggerated. In this book empirical examples are used for describing and analyzing how markets are organized, and the similarities and differences between market organization and the organization of formal organizations