Tag: institutions

All the articles with the tag "institutions".

• When Corporations Became Too Big

  Published: 16 Feb, 2026 |  at  07:15 PM

  Scale solved coordination problems. But beyond a certain point, scale creates new ones. This is the problem of diseconomies.

• The Rise of the Managerial Corporation

  Published: 15 Feb, 2026 |  at  06:30 PM

  Corporations did not just reduce transaction costs. In the 20th century, they became the dominant social institution — reshaping work, identity, and the middle class.

• Why Corporations Exist

  Published: 14 Feb, 2026 |  at  10:00 AM

  Corporations 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.