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

Published: April 13, 2023, 3 a.m.

Delaware is beloved by corporations, bankruptcy lawyers, tax avoiders, and money launderers. Critics say the Delaware \u201cfranchise\u201d is undemocratic and corrupt. Insiders say it\u2019s wildly efficient. We say: they\u2019re both right.