Understanding the Process of Economic Change

Name: Understanding the Process of Economic Change
Brand: Princeton University Press
SKU: 9780691145952-G
Price: 19.59 EUR
Availability: InStock
Rating: 5 (1 reviews)

By North, Douglass C

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Description

"Just as Douglass North's earlier classic, Institutions and Institutional Change, ushered in the revolution in understanding institutions that dominated the nineties, his new book, Understanding the Process of Economic Change, seeks an equally revolutionary change. North now integrates the cognitive component into this analysis: how the mind works, how we form beliefs and understandings about the world, and how societies solve--or fail to solve--the problems they face. This book is vintage North."--Barry Weingast, Professor of Political Science, Stanford University "In this book Douglass North once again opens new frontiers in economic research. He calls for probing into the human mind to seek an understanding of how knowledge acquired by individuals and societies manifests itself culturally and institutionally to shape processes of change. The analysis makes a courageous foray into territories unfamiliar to most economists, such as social psychology and cognitive science, and uses the findings to further our understanding of the most pressing economic question of our time: why, despite the production capacity of modern technology, do many economies fail to prosper?"--Avner Greif, Bowman Family Professor in the Humanities and Sciences and Professor of Economics, Stanford University "This short book by a great master will be read, discussed, and debated widely. It boldly goes where few have dared to tread. It is a book about something more ambitious than economic growth or even economic history. It is about economic change, and it dares to ask questions that the profession will still be scratching its head over for many years to come."--Joel Mokyr, Northwestern University, author of The Gifts of Athena: Historical Origins of the Knowledge Economy "This deeply exciting book culminates North's research agenda, and points the way to solving the most valuable but intractable problem in economics today: how institutions evolve. When I first read it I immediately saw implications for my own research, and began rethinking several fundamental ideas about how economies and their governments interrelate. What you learn from North changes how you think, and changing how people think is the best measure of intellectual influence."--John Joseph Wallis, University of Maryland

Product details

Binding:

Paperback

Edition:

1

Number of Pages:

200

Release Date:

2010-04-19

Publication Date:

2010-05-09

Publisher:

Princeton University Press

Languages:

Original: English

ISBN10:

0691145954

ISBN13:

9780691145952

Weight:

317 g

Height:

156 cm

Width:

238 cm

Thickness:

20 cm

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The items bear minimal signs of past use, such as light scratches or memories in the form of markings. These signs of wear give the items a charming character and tell stories of their previous owners, while not affecting their functionality.

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