![539. Why Does One Tiny State Set the Rules for Everyone? - podcast episode cover](https://image.simplecastcdn.com/images/2be48404-a43c-4fa8-a32c-760a3216272e/fab1584e-8ea9-4efa-9650-5e595861b2cd/3000x3000/image.jpg?aid=rss_feed)
Episode description
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.