Oliver E. Williamson Quotes
Vertical intergration is an organizational response to the contracting difficulties that attend intermediate product markets where trades that are supported by transaction-specific assets are exposed to hazard.

Quotes to Explore
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Indians today are governed by two different ideologies. Their political ideal set in the preamble of the Constitution affirms a life of liberty, equality and fraternity. Their social ideal embodied in their religion denies them.
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As covetousness is the root of all evil, so poverty is the worst of all snares.
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Man's idea of God, and a God's collusion, is an essential part of the equation to wage war.
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I tweeted once, and I still stick to this, that I would love to marry a Croatian girl. I want my children to speak Croatian first, and for them to do that, we need someone who speaks very good Croatian.
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People don't like to vote against something that's so incredibly popular.
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The dearest friend on earth is a mere shadow compared to Jesus Christ.
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You can't bank on the outcome.
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If I had had a chance to tour with Van Halen before the record, I think it would have been a different record.
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I have yet to see one completely unspoiled star, except for Lassie.
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I still can't believe I danced with Gene Kelly. How lucky am I that I've been in movies where I've danced with two of the greatest dancers of all time - with Gene Kelly and John Travolta.
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One in ten thousand of us can make a technological breakthrough capable of supporting all the rest. The youth of today are absolutely right in recognizing this nonsense of earning a wage.
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Creative output, you know, is just pain. I'm going to be cliche for a minute and say that great art comes from pain.
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Why do you need to do a fancy cartwheel for before you hit him? It just looks stupid.
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If you have debt, you have to worry about it. I would challenge each of you to try to be debt-free.
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Pour a liquid out of its container, and it changes shape, fills the space you give it. If you give children a lot of space, it may surprise you where they'll go and the shape they'll take.
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Desire creates its own object.
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In Czechoslovakia in 1968, communist reformers appealed to democratic ideals that were deeply rooted in the country's pre-second world war past.
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I had studied Irish history. I had read speeches from the dock. I had tried to fuse the vivid past of my nation with the lost spaces of my childhood. I had learned the battles, the ballads, the defeats. It never occurred to me that eventually the power and insistence of a national tradition would offer me only a new way of not belonging.
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In the end, to do a good accent, you just have to be a good listener.
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No grand inquisitor has in readiness such terrible tortures as has anxiety and no spy knows how to attack more artfully the man he suspects, choosing the instant when he is weakest; nor knows how to lay traps where he will be caught and ensnared as anxiety knows how, and no sharp-witted judge knows how to interrogate, to examine the accused, as anxiety does, which never lets him escape.
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So many boys and girls talk the same way, listen to the same music, look the same. If I'm out, I'll notice the person who looks different before I notice the person who's, 'really hot.'
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The European Union will never see America, or an American president, as a risk.
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I bought these pink sticker things... and I would write things on them, and I wrote, 'I will write an international smash,' and shortly after, it was when we did 'Monster,' and it was an international smash.
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Vertical intergration is an organizational response to the contracting difficulties that attend intermediate product markets where trades that are supported by transaction-specific assets are exposed to hazard.