||4 of 5 people found the following review helpful.| Economics goes back to common sense and history|By Guillermo Maynez|This is the great founding book in systematic and specific study of institutions as a determinant factor in the economic performance of a nation (or any other kind of polity). The author is a Nobel prize winner, and his book is characterized by an economy of words, as well as precission and clarity in his thou||"At a time when economic and political institutions are being reformed and replaced all over the world, North's book is required reading for all social scientists and policy makers." T.N. Srinivasan, Yale University
"North here draws upon the lit
Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic per...
[PDF.jn62] Institutions, Institutional Change and Economic Performance (Political Economy of Institutions and Decisions) Rating: 3.93 (795 Votes)
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You easily download any file type for your device.Institutions, Institutional Change and Economic Performance (Political Economy of Institutions and Decisions) | Douglass C. North. Just read it with an open mind because none of us really know.
