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Economic Performance Through Time: The Limits to Knowledge

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Author Info
Douglass C. North

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Abstract

In this essay I propose to explore what we can and cannot learn about the way economies evolve over time. The focus of the essay is on the dynamics of change--political, social, and of course economic; and therefore the key word is time. In section I I outline the process of economic change as I understand it; in section II I specify the questions we must answer in order to understand that process; in the final section I tentatively identify which of those questions I believe are amenable to being answered with sufficient research and which I believe to be beyond our ability to answer. I need hardly add that my conclusions are highly speculative.

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Publisher Info
Paper provided by EconWPA in its series Economic History with number 9612004.

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Length: 23 pages
Date of creation: 17 Dec 1996
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Handle: RePEc:wpa:wuwpeh:9612004

Note: Type of Document - Word Doc; prepared on IBM PC ; to print on HP Laser; pages: 23
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Web page: http://129.3.20.41

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Related research
Keywords: evolve change history economies

Find related papers by JEL classification:
N - Economic History

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. Giovanni Dosi & Luigi Marengo & Giorgio Fagiolo, 1996. "Learning in evolutionary environment," CEEL Working Papers 9605, Computable and Experimental Economics Laboratory, Department of Economics, University of Trento, Italia. [Downloadable!]
    Other versions:
  3. Douglass C. North, 1993. "The Paradox of the West," Economic History 9309005, EconWPA. [Downloadable!]
  4. North, Douglass C, 1991. "Institutions," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 97-112, Winter. [Downloadable!] (restricted)
  5. Greif, Avner, 1994. "Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 912-50, October. [Downloadable!] (restricted)
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This page was last updated on 2008-8-17.

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