Douglass Cecil North

著者について

Douglass Cecil North was an influential American economist whose work fundamentally changed the way economists understand institutions and their role in economic performance. He received the Nobel Prize in Economic Sciences in 1993, sharing the honor for his contributions to the understanding of the interplay between economic and political institutions. North's research focused on the historical development of economies and the impact of institutions on economic growth, which allowed for a greater understanding of how economies evolve over time.

Throughout his career, North explored the importance of property rights, transaction costs, and the role of institutions in shaping economic outcomes. His pioneering work laid the foundation for the field of new institutional economics, which emphasizes the importance of social and political factors in economic analysis. Through his numerous publications, including "The Economic Growth of the United States, 1790-1860," North influenced generations of economists and social scientists, establishing himself as a key figure in the discipline.