Posts
Notes to self
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The Innovator's Dilemma
Published: at 08:15 PMWhen coordination costs shift, firm boundaries should adjust. But mature corporations are optimised for a cost structure that no longer holds — and their own incentives prevent adaptation.
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When Corporations Became Too Big
Published: at 07:15 PMThe managerial corporation solved coordination at scale. But hierarchy has structural limits — and the same mechanisms that enabled growth eventually constrained it.
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The Rise of the Managerial Corporation
Published: at 06:30 PMCorporations did not just reduce transaction costs. In the 20th century, they became the dominant institution for organising production, concentrating capital, and coordinating labour at scale.
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Why Corporations Exist: A Coasean Foundation
Published: at 10:00 AMCorporations did not emerge by accident. They are coordination machines. In 2026, as transaction costs fall, we revisit why they exist — and what might be changing.