Product Description
by Douglass C. North (Author), D. C. North (Author), R. P. Thomas (Author)
First published in 1973, this is a radical interpretation, offering a unified explanation for the growth of Western Europe between 900 A. D. and 1700, providing a general theoretical framework for institutional change geared to the general reader.
Back Jacket
In some respects this is intended to be a revolutionary book, but in other respects it is very traditional indeed. It is revolutionary in that we have developed a comprehensive analytical framework to examine and explain the rise of the Western world; a framework consistent with and complementary to standard neo-classical economic theory. Since the book is written to be understandable (and hopefully interesting) for those without prior economic training, we have avoided the jargon of the profession and attempted to be as clear and as straightforward as possible.
