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Understanding the process of economic change

Author: Douglass C North
Publisher: Princeton, N.J. : Princeton University Press, ©2005.
Series: Princeton economic history of the Western world.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
"In this landmark work, a Nobel-prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics  Read more...
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Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Douglass C North
ISBN: 0691118051 9780691118055
OCLC Number: 55067487
Description: xi, 187 pages : illustrations ; 24 cm.
Contents: An outline of the process of economic change --
The issues involved in understanding economic change --
Uncertainty in a non-ergodic world --
Belief systems, culture, and cognitive science --
Consciousness and human intentionality --
The scaffolds humans erect --
Taking stock --
The road ahead --
The evolving human environment --
The sources of order and disorder --
Getting it right and getting it wrong --
The rise of the Western world --
The rise and fall of the Soviet Union --
Improving economic performance --
Where are we going?
Series Title: Princeton economic history of the Western world.
Responsibility: Douglass C. North.
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Abstract:

Develops a way of understanding the process by which economies change. This book explains how different societies arrive at the institutional infrastructure that determines their economic  Read more...

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Anyone with an interest in world poverty can benefit from this carefully crafted and closely argued book. It is a pleasure and a delight to read. -- Paul Ormerod Times Higher Education [North] sets Read more...

 
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