Understanding the Process of Economic Change by Douglass C North

Understanding the Process of Economic Change by Douglass C North

Develops a way of understanding the process by which economies change. This title explains how different societies arrive at the institutional infrastructure that determines their economic trajectories. It argues that economic change depends largely on 'adaptive efficiency'.

"Anyone with an interest in world poverty can benefit from this carefully crafted and closely argued bookIt is a pleasure and a delight to read."--Paul Ormerod, Times Higher Education "[North] sets forth a radical reconceptualization of the task and methods of the social sciences in general and economics in particular, providing a glimpse at an economics that refuses to 'assume a can opener.'"--Will Wilkinson, Cato Journal "[This book] provides a sweeping view of the relationships among human belief systems, social institutions, and what [North] calls 'the adaptive efficiency' of societies in coping with changes in demographics, technology, and other factors."--Richard N. Cooper, Foreign Affairs "A courageous attempt to enlarge the arsenal of theoretical tools available for economists."--Diego Rios, Journal of Evolutionary Economics

Douglass C. North is professor of economics and Spencer T. Olin Professor in Arts and Sciences at Washington University in St. Louis. He was the corecipient of the Nobel Prize in Economic Sciences in 1993.

SKU	Unavailable
ISBN 13	9780691145952
ISBN 10	0691145954
Title	Understanding the Process of Economic Change
Author	Douglass C North
Series	The Princeton Economic History Of The Western World
Condition	Unavailable
Binding Type	Paperback
Publisher	Princeton University Press
Year published	2010-05-09
Number of pages	200
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.