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Understanding the process of economic change

By:

North, Douglass C

Material type: Text

TextPublication details: 2005 Princeton University Press New JerseyDescription: xi,187p 24 cm ; hard boundISBN:

978-0691118051

Subject(s):

Economics Evolutionary economics Institutional economics

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?

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

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode
Books	H.T. Parekh Library	GSB Collection	330.01 NOR (Browse shelf(Opens below))	Available		29500

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?

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

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