Interesting. He's certainly well read, but the conclusion sort of fizzles in my opinion.<p>> How do we measure Coasean growth? I have no idea. I am open to suggestions. All I know is that the metric will need to be hyper-personalized and relative to individuals rather than countries, corporations or the global economy.<p>He seems to be pointing at a future where transaction costs between individuals are lower, so there's less need to organize people into Large Organizations. (See: Coase's Nature of the Firm: <a href="http://en.wikipedia.org/wiki/The_Nature_of_the_Firm" rel="nofollow">http://en.wikipedia.org/wiki/The_Nature_of_the_Firm</a> )<p>Fair enough, but I don't see companies going away, as you still need someplace to invest capital/pool resources to be spent, to create large-scale projects, whether they're created by employees or by freelancers.<p>Sort of on the same topic, this book talks about economic organizational models in the west vs the middle east, and how the former pulled ahead of the latter in part due to better institutions:<p><a href="http://t.co/vumpwKy" rel="nofollow">http://t.co/vumpwKy</a><p>It's a bit long-winded at times, and repeats itself, but the subject is, IMO, interesting.