Adam Bellow | Nepotism in American Business
Bellow discusses what he calls "postmodern" nepotism, comparing it to the commonly understood meaning of (now) old "nepotism." Whereas the Old Nepotism described parents hiring their own children or relatives, the New Nepotism refers to the practice of children using the parents' connections opportunistically to further their own careers.
-___________ view nepotism as an obstacle to healthy change in business that promotes waste and inefficiency.

Question

Quizplus · Accepted Answer

Economists often analyze the impacts of nepotism on market efficiency and may view it as an obstacle to healthy change in business, as it can lead to waste and inefficiency.