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Hardcover Understanding the Process of Economic Change Book

ISBN: 0691118051

ISBN13: 9780691118055

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Format: Hardcover

Condition: Very Good*

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Book Overview

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 (today a subfield of economics), property...

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