000 01354nam a2200157Ia 4500
020 _a978-8171885284
100 _aNorth, Douglass C
245 _aUnderstanding the process of economic change
260 _c2006
_bAcademic Foundation
_aNew Delhi
300 _axi,187p.
_b24 cm ; Hard Bound
500 _aRs.695/-
505 _aThe 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?
520 _aIn 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
650 _aEconomic Development
_aEvolutionary economics
_aEconomics--Sociological aspects
942 _cBK
999 _c91277
_d91277