“Andrew Keep has a great talk on this approach [2].”
Talk on building compilers from many simple passes, as in Chez Scheme.
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Compilers come in all shapes and sizes. Some are single pass like Turbo Pascal. They directly generate machine code while parsing (no AST!). Niklaus Wirth (Pascal/Modula/Oberon guy) wrote a book following this approach [1]. Some have multiple passes like Chez Scheme. They have many simple passes, which they call a "nanopass". Andrew Keep has a great talk on this approach [2]. In practice, most compilers today are multi-pass, though probably not as many Chez. If we look at Rust, they go from AST -> HIR -> MIR -> LLVM IR -> machine code [3]. There are probably more things going on from LLVM to machine code, but I'm not knowledgeable enough to comment on it. I think the trade-off here is clear: less passes -> shorter compile times, more passes -> faster code generated, more modular compiler. Martin Odersky (Scala guy) has a paper attempting to get the best of both [4]. [1] link [2] this video [3] link [4] link
