“The more people are involved in a given task, the more potential agreements need to be negotiated to do anything, and the greater the transaction costs.”

“An organization will tend to grow only when the advantages that can be gotten from directing the work of additional employees are less than the transaction costs of managing them.”

“A firm is successful when the costs of directing employee effort are lower than the potential gain from directing.”

“For the last hundred years the big organizational question has been whether any given task was best taken on by the state, directing the effort in a planned way, or by businesses competing in a market.”

“[F]rom now on, the act of creating and circulating evidence of wrongdoing to more than a few people, even if they all work together, will be seen as a delayed but public act.”

“Tools that provide simple ways of creating groups lead to new groups, [...] and not just more groups but more kinds of groups.”

“The low cost of aggregating information also allowed the formalization of sharing [...].”