Understanding the Process of Economic Change

by Douglass C. North

Book Overview

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 (today a subfield of economics),...

• Format: Paperback
• Language: English
• ISBN: 0691145954
• ISBN13: 9780691145952
• Release Date: May 2010
• Publisher: Princeton University Press
• Length: 200 Pages
• Weight: 0.72 lbs.
• Dimensions: 0.6" x 6.0" x 9.1"