This week I speak with Professor D. Gordon Smith of BYU Law School (and, of course, The Conglomerate). In this week’s episode, we discuss Gordon’s paper “Contracts as Organizations” (with Brayden King), now up on SSRN. Essentially, Gordon is proposing an emperical research agenda for the study of contracts. By “contracts,” Gordon really does mean “contracts,” not contract law or contract dispute resolution. His argument is that we can use ideas from sociology and organization theory to think about contracts as a species of organization, a move that he claims opens up new possibilities in terms not only of how we answer questions about the process of contracting but also what questions we ask. Enjoy!