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    Economics / Chandler, economic theory, strategy, structure /

    Strategy and Structure

    October 29, 2015

    Yes, I know, Chandler already wrote a famous book about it. But he was talking about something else. He was talking about strategy as structure. Hmm. Come to think about it he was right. We have discussed the problem of expectations here many times, and it was recently argued that modern economics has a problem because […]

    Commentary, Politics / debt ceiling, fiscal cliff, government spending, Republicans /

    Debt Ceiling – Reminder

    October 26, 2015

    Just in case you thought we had entered a quieter period in our politics, allow me to remind you that the oddity known as the debt ceiling will be reached on November 3rd. That’s pretty soon. More to the point Speaker John Boehner is complaining he doesn’t have the votes to pass legislation raising it. […]

    Economics / business firms, Coase, economic theory, operating space, theory of the firm /

    Operating Space – First Cut

    October 26, 2015

      It has become impossible, apparently, for anyone to do a sober analysis of the torrent of fads that collectively are known as the start-ups of Silicon Valley. Instead we are given a fast paced – it has to be fast paced nowadays for fear of being disrupted five minutes later – and inevitably glowing surface-skim […]

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