JP Smit from South Africa, who has commented in the past, sent me a link to a very interesting journal article that I have started reading. The URL is as follows:
http://efiko.org/material/Do%20Diseconomies%20of%20Scale%20Impact%20Firm%20Size%20and%20Performance-%20A%20Theoretical%20and%20Empirical%20Overview%20Staffan%20Canb%C3%A4ck%20et.%20al.pdf
The article discusses the large literature devoted to explaining why firms do NOT just continue to get bigger and bigger.
It would appear there is a very great deal I do not know about contemporary discussions in Economics. Who would have thought?
