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539. Why Does One Tiny State Set the Rules for Everyone?

Delaware is beloved by corporations, bankruptcy lawyers, tax avoiders, and money launderers. Critics say the Delaware “franchise” is undemocratic and corrupt. Insiders say it’s wildly efficient. We say: they’re both right.

Episode 539 of the Freakonomics Radio podcast, hosted by Freakonomics Radio + Stitcher, titled "539. Why Does One Tiny State Set the Rules for Everyone?" was published on April 13, 2023 and runs 46 minutes.

April 13, 2023 ·46m · Freakonomics Radio

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Delaware is beloved by corporations, bankruptcy lawyers, tax avoiders, and money launderers. Critics say the Delaware “franchise” is undemocratic and corrupt. Insiders say it’s wildly efficient. We say: they’re both right.

Delaware is beloved by corporations, bankruptcy lawyers, tax avoiders, and money launderers. Critics say the Delaware “franchise” is undemocratic and corrupt. Insiders say it’s wildly efficient. We say: they’re both right.


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