Intro North Issue JOIE.pdf (298.58 kB)
Introduction to the Douglass C. North memorial issue
journal contribution
posted on 2018-11-06, 16:27 authored by Geoff HodgsonThis introduction considers the highly influential contribution of Douglass C. North to economic history and institutional economics, as it developed from the 1960s until his death in 2015. It sketches the evolution of his arguments concerning the roles of institutions, organizations and human agency. North's conception of the economic actor became progressively more sophisticated, by acknowledging the role of ideology and adopting insights from cognitive science. Eventually, he abandoned the proposition that institutions are generally efficient, to propose instead that sub-optimal institutional forms could persist. A few noted criticisms of North's work are also considered here, ranging from those which are arguably off the mark, to others that retain some force. The contributions to this memorial issue are outlined at the end of this introduction.
History
School
- Loughborough University London
Published in
Journal of Institutional EconomicsVolume
13Issue
01Pages
1 - 23Citation
HODGSON, G.M., 2016. Introduction to the Douglass C. North memorial issue. Journal of Institutional Economics, 13 (1), pp.1-23.Publisher
Cambridge University Press © Millennium Economics LtdVersion
- AM (Accepted Manuscript)
Acceptance date
2016-11-01Publication date
2016-12-01Notes
This article has been published in a revised form in Journal of Institutional Economics https://doi.org/10.1017/S1744137416000400. This version is free to view and download for private research and study only. Not for re-distribution, re-sale or use in derivative works. © Millennium Economics Ltd.ISSN
1744-1374eISSN
1744-1382Publisher version
Language
- en
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