Availability: Understanding the process of economic change

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Bibliographic Details
Main Author:	North, Douglass Cecil 1920-2015 (Author)
Format:	Book
Language:	English
Published:	Princeton ; Oxford Princeton University Press [2005]
Series:	Princeton economic history of the Western world
Subjects:	Wirtschaftsentwicklung Institutionenökonomie Wirtschaftssoziologie Evolutorische Wirtschaft
Links:	http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013102631&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013102631&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA
Item Description:	Hier auch später erschienene, unveränderte Nachdrucke
Physical Description:	xi, 187 Seiten Diagramme
ISBN:	9780691118055 0691118051 9780691145952

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MARC


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Record in the Search Index

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adam_text	In this landmark work, a Nobel-prize- winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in. economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institu¬ tions that support markets. As he showed in two now classic books that mspired the New Institutional Economics (today a subfield of economies), property rights and transaction costs are fundamental determinants. Here, North explains how different societies arrive at the institution¬ al infrastructure that greatly determines their economic trajectories. North argues that economic change depends largely on adaptive efficiency, a society s effectiveness in creating institu¬ tions that are productive, stable, fair, and broadly accepted flexible enough to be changed or replaced in response to political and economic feedback. While adhering to his earlier definition of institutions as the formal and informal rules that constrain human economic behavior, he extends his analy¬ sis to explore the deeper determinants of how these rates evolve and how econo¬ mies change. Drawing on recent work by psychologists, he identifies intentiomedity as the crucial variable and proceeds to demonstrate how intentionality emerges as the product of social learning and how it then shapes the economy s institutional foundations and thus its capacity to adapt to changing circumstances. Understanding the Process of Economic Change accounts not only for past institu¬ tional change but also for the diverse per¬ formance of present-day economies. This major work is therefore also an essential guide to improving the performance of develo CONTENTS PREFACE VII CHAPTER ONE AN OUTLINE OF THE PROCESS OF ECONOMIC CHANGE 1 PART I: THE ISSUES INVOLVED IN UNDERSTANDING ECONOMIC CHANGE 9 INTRODUCTION 11 CHAPTER TWO UNCERTAINTY IN A NON-ERGODIC WORLD 13 CHAPTER THREE BELIEF SYSTEMS, CULTURE, AND COGNITIVE SCIENCE 23 CHAPTER FOUR CONSCIOUSNESS AND HUMAN INTENTIONALITY 38 CHAPTER FIVE THE SCAFFOLDS HUMANS ERECT 48 CHAPTER SIX TAKING STOCK 65 PART II: THE ROAD AHEAD 81 INTRODUCTION 83 CHAPTER SEVEN THE EVOLVING HUMAN ENVIRONMENT 87 CHAPTER EIGHT THE SOURCES OF ORDER AND DISORDER 103 CHAPTER NINE GETTING IT RIGHT AND GETTING IT WRONG 116 CONTENTS CHAPTER TEN THE RISE OF THE WESTERN WORLD 127 CHAPTER ELEVEN THE RISE AND FALL OF THE SOVIET UNION 146 CHAPTER TWELVE IMPROVING ECONOMIC PERFORMANCE 155 CHAPTER THIRTEEN WHERE ARE WE GOING? 166 BIBLIOGRAPHY 171 INDEX 183 VI
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isbn	9780691118055 0691118051 9780691145952
language	English
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physical	xi, 187 Seiten Diagramme
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series2	Princeton economic history of the Western world
spellingShingle	North, Douglass Cecil 1920-2015 Understanding the process of economic change Wirtschaftsentwicklung (DE-588)4066438-7 gnd Institutionenökonomie (DE-588)4027208-4 gnd Wirtschaftssoziologie (DE-588)4066514-8 gnd Evolutorische Wirtschaft (DE-588)4232912-7 gnd
subject_GND	(DE-588)4066438-7 (DE-588)4027208-4 (DE-588)4066514-8 (DE-588)4232912-7
title	Understanding the process of economic change
title_auth	Understanding the process of economic change
title_exact_search	Understanding the process of economic change
title_full	Understanding the process of economic change Douglass C. North
title_fullStr	Understanding the process of economic change Douglass C. North
title_full_unstemmed	Understanding the process of economic change Douglass C. North
title_short	Understanding the process of economic change
title_sort	understanding the process of economic change
topic	Wirtschaftsentwicklung (DE-588)4066438-7 gnd Institutionenökonomie (DE-588)4027208-4 gnd Wirtschaftssoziologie (DE-588)4066514-8 gnd Evolutorische Wirtschaft (DE-588)4232912-7 gnd
topic_facet	Wirtschaftsentwicklung Institutionenökonomie Wirtschaftssoziologie Evolutorische Wirtschaft
url	http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013102631&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=013102631&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA
work_keys_str_mv	AT northdouglasscecil understandingtheprocessofeconomicchange

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