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Some Fundamental Puzzles In Economic History/Development

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Author Info
Douglass C. North (Washington University)

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Abstract

In this essay I would like to confront a number of fundamental puzzles in economic history/development--puzzles that go to the heart of the nature of economic change. They can be broadly classified under two general headings: how to account for the uneven and erratic pattern of both historical change and contemporary development and how to model this processs of change and development? Can we use the tools at hand-- ie the rationality assumption and growth theory we employ in economics? Let me elaborate on the nature of the puzzles and the connection between them.

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Publisher Info
Paper provided by EconWPA in its series Economic History with number 9509001.

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Length: 13 pages
Date of creation: 13 Sep 1995
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Handle: RePEc:wpa:wuwpeh:9509001

Note: Type of Document - Word DOS 5.0; prepared on PC; to print on HP Laserjet; pages: 13
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Web page: http://129.3.20.41

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Related research
Keywords: institutions development change growth;

Find related papers by JEL classification:
O00 - Economic Development, Technological Change, and Growth - - General - - - General
O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes
N10 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - General, International, or Comparative

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. Denzau, Arthur T & North, Douglass C, 1994. "Shared Mental Models: Ideologies and Institutions," Kyklos, Blackwell Publishing, vol. 47(1), pages 3-31.
    Other versions:
  2. North, Douglass C, 1991. "Institutions," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 97-112, Winter. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Mark White, 1997. "Legal Practice and Economic Adaptation," Economic History 9703001, EconWPA. [Downloadable!]
  2. Antonelli Cristiano, 2007. "Localized appropriability : pecuniary externalities in knowledge exploitation," Dipartimento di Economia "S. Cognetti de Martiis" LEI & BRICK - Laboratorio di economia dell'innovazione "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo 200710, University of Turin. [Downloadable!]
  3. Costas Aariadis & John Stachurski, 2004. "Poverty Traps," Department of Economics - Working Papers Series 913, The University of Melbourne. [Downloadable!]
    Other versions:
    • Azariadis, Costas & Stachurski, John, 2005. "Poverty Traps," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 5 Elsevier. [Downloadable!] (restricted)
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