Agencies in time

For an economic historian, time has always been something that is fundamentally disturbing, because there is no time in neoclassical theory. The neoclassical model is a model of an instant in time, and it does not therefore take into account what time does … I will be blunt: Without a deep understanding of time, you will be lousy political scientists, because time is the dimension in which ideas and institutions and beliefs evolve.

Said Doug North in 1999.

The same goes for organization theorists, because agencies evolve in time.