Coasean Humor

Organizations and Markets was created in April 2006 by Nicolai J. Foss and Peter G. Klein, professors with research interests spanning organizational economics, strategic management, entrepreneurship, innovation, the economics of institutions, and the history, philosophy, and sociology of science. Foss teaches management at the Copenhagen Business School and Klein teaches economics at the University of Missouri, giving the blog an international and interdisciplinary orientation. In May 2008 Richard N. Langlois and Lasse B. Lien joined the team. Langlois is an economist at the University of Connecticut who writes on the theory of the firm, organizational boundaries, technology, the economics of institutions, the history of economic thought, and economic methodology. Lien works in the area of strategic management at the Norwegian School of Economics and Business Administration (NHH), focusing on corporate strategy with an emphasis on diversification, mergers and acquisitions, and strategic positioning. The authors are influenced by mainstream approaches in economics and management, by the emerging disciplines of transaction cost economics and capabilities theory, and by the alternative traditions of Austrian and evolutionary economics. A quick way to learn about someone’s general background, perspective, and interests is through his group memberships. The authors’ favorite professional organizations and institutions, besides the American Economic Association and theAcademy of Management, include ISNIE, the Strategic Management Society, CORI, the Center for Strategic Management and Globalization, the Mises Institute, CEPOS, and the Society for the Development of Austrian Economics. While Organizations and Markets focuses on academic research in economics and management, the authors also comment occasionally on other shared interests, such as classical liberalism and cultural conservatism. See also the O&M group page on Facebook.