The propositions that organization matters and that it is susceptible to analysis were long greeted by skepticism by economists. One reason why this message took a long time to register is that it is much easier to say that organization matters than it is to show how and why. The prevalence of...

My discussion of the Transaction Cost Economics Project is in three parts. Section 1 addresses the question, what is Transaction Cost Economics (TCE)? Section 2 deals with How did I get involved? Section 3 looks to the future.