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Reviews the book "Wealth in America: Trends in Wealth Inequality," by Lisa Keister.

This relatively thin and well-organized book deals with a subject of rich theoretical significance. As well recognized in organizational studies, firms are not isolated in any modern economy, transacting with each other at arm's length through the price mechanism. Instead, they actively seek to establish nonmarket relations with each other. Forming a business group is one among many choices to institute cooperative relations among member firms. This phenomenon, dubbed by Mark Granovetter as the second Coasean question, calls our attention to the ubiquity of nonmarket interfirm relations. Their origins, structures, and economic implications are of keen relevance to understanding modern “organizational economies. [ABSTRACT FROM AUTHOR]