Structure and Change in Economic History

Author: Douglas
Publisher:
Publish Date: 2003-01-01
Features: The Structure and Change in Economic History was published in 1981 and is one of the most important works by the renowned American economist and economic historian, Douglas C. North, in recent years. It presents a relatively complete set of economic history theories and uses these theories to examine and explain the long history of economic life from prehistoric humans to modern economic growth. North starts from the rational choice assumption of modern economics and employs analytical tools such as transaction costs, public goods, and relative prices to construct a new economic history theory system that includes theories of ownership, the state, and ideology. In this book, North focuses on expressing