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    Douglass North

    Read through the most famous quotes from Douglass North




    My record at the University of California as an undergraduate was mediocre to say the best. ↗


    — Douglass North

    #california #mediocre #record #say #undergraduate

    My wife and I now live in the summers in northern Michigan in an environment which is wonderfully conducive to research, and where most of my work in the last 15 years has been done. ↗


    — Douglass North

    #conducive #done #environment #i #last

    Our family life was certainly not intellectual. ↗


    — Douglass North

    #certainly #family life #intellectual #life #our

    What the war did was give me the opportunity of three years of continuous reading, and it was in the course of reading that I became convinced that I should become an economist. ↗


    — Douglass North

    #become #continuous #convinced #course #did






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    Also publiDouglass Northd as Nobel Prize Lecture. This final stage of development specialization requires increasing percentages of the resources of the society to be active in the market so that the transaction sector becomes a large share of gross national product. Highly specialized forms of transaction organizations emerge at this stage.

    He is the co-recipient (with Robert William Fogel) of the 1993 Nobel Memorial Prize in Economic Sciences. ". In the words of the Nobel Committee North and Fogel were awarded the prize "for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change.

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