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Understanding the Process of Economic Change

by Douglass C. North

  • ISBN: 9780691118055
  • ISBN10: 0691118051

Understanding the Process of Economic Change

by Douglass C. North

  • List Price: $45.00
  • Binding: Hardcover
  • Publisher: Princeton Univ Pr
  • Publish date: 01/04/2005
  • ISBN: 9780691118055
  • ISBN10: 0691118051
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Description: This deeply exciting book culminates North's research agenda, and points the way to solving the most valuable but intractable problem in economics today: how institutions evolve. When I first read it I immediately saw implications for my own research, and began rethinking several fundamental ideas about how economies and their governments interrelate. What you learn from North changes how you think, and changing how people think is the best measure of intellectual influence.
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