Customer Review: These are strange times in the economics profession. Most economists insist upon representing actual economic systems with mathematical models that bear little resemblance to reality. The results of these models are often quite strange. Government deficits are offset by taxpayers who save more money... more info
Customer Review: This book is by far the best textbook that I have had to read. The material is presented in real case studies so it reads more like a story than its more cut-and-dry counterparts.
Customer Review: Having attended several lectures by Dr. North I know him to be a brilliant man, but not the most engaging communicator. This book has a small summation of several important ideas of the role of uncertainty and technological change, and how economic actors move to adapt to these. Nothing could... more info
Customer Review: Structure and Change in Economic History is an insightful and informative book. Much of what you find here is standard Comparative Institutional analysis, as developed by Mancur Olson, Ronald Coase, and James Buchanan. North aims at understanding institutions as humanly devised structure within... more info