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And what does he have to say when market competition collides with social solidarity?
ECONOMIST: Capitalism's success
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Many law firms laid off lawyers during the economic downturn, when demand for legal services cratered, and competition for what jobs are left remains fierce.
WSJ: Crop of New Law Schools Opens Amid a Lawyer Glut
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For government agencies, the findings indicate the importance of monitoring firm behavior in highly competitive markets and the importance of realizing when a policy is what creates intense market competition in the first place.
FORBES: Competition Leads to Workplace Corruption, Research Shows
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And that is what happened in 2010 when Australian Rugby League team the Melbourne Storm were caught systematically breaking the competition's salary cap.
BBC: Business
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Let me start by asking a few questions with the intent of pointing out the obvious: what better time could there possibly be to ramp-up sales and marketing investments than when your competition is slashing costs and going into hibernation?
FORBES: The Economy - An Excuse of Convenience