Riding Off into the Sunset

25 April 2016 at 1:35 am 14 comments

| Peter Klein |

Indiana-Jones-rides-off-into-the-sunset-640x277Organizations and Markets went live 25 April 2006, ten years ago today. Blogs were the newest and coolest thing. There was no Facebook, Twitter, Instagram, or Snapchat. People communicated by email and (occasionally) by text message. BlackBerry and Nokia dominated the phone market. Nicolai Foss had no gray hair. (OK, he still has none.)

In the first month we had almost 11,000 pageviews; in the first five years we averaged about 500 posts per year and around 300,000 views, 1,000 comments, and too many impassioned, enlightening, and fun exchanges and arguments to count. (Below are some of our all-time most popular posts.) Besides Nicolai, Lasse, Dick, and myself we joined by terrific guest bloggers such as Benito Arruñada, Cliff Grammich, Craig Pirrong, David Gordon, David Gerard, David Hoopes, Glenn McDonald, Chimao Hsieh, Mike Sykuta, Peter Lewin, Randy Westgren, Ross Coff, Joe Mahoney, Scott Masten, Steve Postrel, and Steve Phelan.

Alas, all good things must come to an end. In the last couple of years we noticed our page views, unique visitors, comments, and similar stats trending downward. Partly this reflects the rise of social media, for two reasons: First, posts from O&M and similar blogs are syndicated on Facebook, Twitter, LinkedIn, and other platforms, meaning that readers can view and engage blog content without actually visiting the site itself. Second, and more important, social media sites provide an alternative source of blog content. In 2007, we posted all kinds of stuff on O&M — not only longer, more thoughtful pieces but also conference announcements, pointers to papers, news, gossip, and other items of a more ephemeral nature. Nowadays, people (ourselves included) are more likely to post these items to Facebook or Twitter, which is where people go to read and comment. In any case, for a variety of reasons, our posting frequency has dropped sharply since 2011.

In short, we think the group-blog format is a bit dated. And so, it’s been a great ride, but we’ve decided to hang up our keyboards and move on to other things. The ten-year anniversary is a perfect time to make a change. Seriously, a decade is an eternity in internet time! Many of the group and individual blogs in our original blogroll from 2007 have been mothballed or merged into other sites. (Who even remembers what a “blogroll” is anyway?)

We want to take this opportunity to thank our readers, commenters, guest bloggers, sharers, and even our evil twins. We’ve had a lot of fun doing this, and have learned a huge amount from the O&M community. Kudos to you.

Now, we’re not disappearing entirely. The site will remain live, and our archives of posts and comments stay where they are. (Email me if you find any broken links.) Our Facebook page isn’t going anywhere. And you can connect with us individually through other means. Nicolai posts regularly on Facebook and Twitter; Dick is putting blog posts on his own site; Lasse’s stuff appears on the STOP and other NHH sites; and I post to Facebook, Twitter, and other sites such as the Mises Wire and the SIOE site.

Again, thanks to all of you, and we’ll see you on the interwebs!

Addendum: a selection of our most popular posts, 2006-17:

Entry filed under: - Klein -, Former Guest Bloggers, History of Economic and Management Thought.

Labor Market Responses to Recessions

14 Comments Add your own

  • 1. Scott Masten  |  25 April 2016 at 8:02 am

    Just a quick note to thank you guys for all of your work here. O&M has been — and will remain through its archives — a great resource.
    Scott

  • 2. Lasse  |  25 April 2016 at 9:27 am

    All hail the big Klein! King of organizations and king of markets. You have ruled with wisdom, energy and charm. Thank you!

  • 3. fabiorojas  |  25 April 2016 at 9:40 am

    Thank you for the excellent blog.

  • 4. rmakadok  |  26 April 2016 at 12:58 pm

    Peter,

    I have learned much here at the O&M blog, and have enjoyed it greatly. Sorry to see it go.

    Cheers,
    Rich

  • 5. DGhatak  |  27 April 2016 at 9:27 pm

    So long, and thanks for the informative and interesting posts over the years.

  • 6. Bee  |  28 April 2016 at 7:30 pm

    Peter-

    I have found your blog a great source of information and perspective. It will be missed.

    Thanks,

    -Bee

  • 7. rmakadok  |  30 April 2016 at 1:04 pm

    “So long and thanks for all the fish.”

  • 8. Richard O. Hammer  |  2 May 2016 at 7:03 pm

    Thank you. I hope to continue finding your good work elsewhere.

  • 9. Jason Davis  |  3 May 2016 at 2:24 am

    Thanks to you all — I really enjoyed reading this — Jason

  • 10. buckeye9  |  7 May 2016 at 10:17 am

    This is disappointing. I enjoyed greatly the blog and learned a great deal reading it.

  • 11. toefl madrid  |  15 May 2016 at 8:27 am

    It is real sad, very educational blog and a great source of information.
    Thank you guys.

  • 12. Fernando Borrego  |  15 May 2016 at 3:09 pm

    Nooo! Okay, change isn’t bad… innovate right?

    See your work soon! (Elsewhere)

  • 13. David Hoopes  |  24 June 2016 at 11:34 pm

    Thanks for this great forum. You did a wonderful job. I think you’re right Fernando, we’ll see plenty from this crew in other places.

  • 14. why blogs persist | orgtheory.net  |  19 September 2016 at 7:01 pm

    […] boards. But a question remains: if that’s true, why bother with blogs at all? In fact, our evil twin blog surrendered and admitted defeat, while retreating into Facebook. Why […]

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Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).
Peter G. Klein and Micheal E. Sykuta, eds., The Elgar Companion to Transaction Cost Economics (Edward Elgar, 2010).
Peter G. Klein, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).
Richard N. Langlois, The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy (Routledge, 2007).
Nicolai J. Foss, Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources (Oxford University Press, 2005).
Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds., Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).
Nicolai J. Foss and Peter G. Klein, eds., Entrepreneurship and the Firm: Austrian Perspectives on Economic Organization (Elgar, 2002).
Nicolai J. Foss and Volker Mahnke, eds., Competence, Governance, and Entrepreneurship: Advances in Economic Strategy Research (Oxford, 2000).
Nicolai J. Foss and Paul L. Robertson, eds., Resources, Technology, and Strategy: Explorations in the Resource-based Perspective (Routledge, 2000).