Order from a Major Online Bookstore
Ultimate Book Price Comparison Engine
Save Your Time And Money
| AnyBook4Less.com | Order from a Major Online Bookstore |
|
| Home | Store List | FAQ | Contact Us | | ||
| Ultimate Book Price Comparison Engine Save Your Time And Money |
||
 |
Title: Institutions, Institutional Change and Economic Performance by Douglass C. North ISBN: 0-521-39734-0 Publisher: Cambridge University Press Pub. Date: 26 October, 1990 Format: Paperback Volumes: 1 List Price(USD): $16.00 |
Average Customer Rating: 4.67 (6 reviews)
Rating: 5
Summary: Most comprehensive book ever
Comment: Douglass North is an amazing writer. If you are purchasing this book, you probably already know what this book is about and its impact. This book, I would argue is largely responsible for his receiving the Nobel Prize in 1993.
His new-institutionalist view links together history, economics, political science, sociology, and every other social science. This book truly inspired me to specialize in institutional economics. Every social issue can be approached from the institutional perspective, namely that institutions determine actions and the market determines institutions. Though my professors are all old institutionalists, they agree this is the best book by far on the subject and most research papers in the subject thus reference this book.
For more information on New Institutional Social Science, visit the website at http://cniss.wustl.edu/people.html
Rating: 5
Summary: Important for all social scientists and interesting for all
Comment: As a Japanese, I am interested in how Northfs concept ginstitutionsh are useful for explaining the gap in performance of the US and Japanese economy during the 1990s. What kinds of policy prescriptions can the Japanese government derive from Northfs argument on institutions?
Institutions are the constraints or mechanisms (such as rules on property rights) to reduce uncertainties inherent in human interaction and thus to reduce transaction costs. As a extreme case, you will find it difficult to make a long-term economic transaction or commitment in Baghdad just after Iraqfs defeat in the war with the US, since there are no institutions in that particular moment.
Broadly, this concept is related to the argument by Christopher Freeman at SPRU on gnational system of innovation,h especially on norms and rules on intellectual rights, and generation and transfer of technological knowledge enabled by those norms and rules. I think the US system is superior on that.
My point is that this already classic book would be valuable for thinking on those topical issues.
Rating: 5
Summary: OBVIOUS IN RETROSPECT, WHICH MAKES IT EVEN MORE OUTSTANDING
Comment: In this book, North outlines the precise features of the neo institutional economics school, which includes Coase, Williamson, Olson, Fogel, among others. This book is mainly about the theory itself and its origins and features, not about applications in particular, though the author does address that issue at the end of the book in the section about eocnomic performance.
I believe this book is great reading for the literate economist. It is difficult to follow for the non-economist, which I believe North focuses on in his other book, "Structure and Change in Economic History". That work is earlier and I believe not as complete, but it is much more readable. Either way, North's work is among the most important advances in economics in the 20th century (for which he got the Nobel Prize), so knowledge of it should benefit one and all.
 |
Title: Structure and Change in Economic History by C. North Douglass, Douglass C. North ISBN: 039395241X Publisher: W.W. Norton & Company Pub. Date: October, 1982 List Price(USD): $16.70 |
 |
Title: Logic of Collective Action: Public Goods and the Theory of Groups by Mancur Olson ISBN: 0674537513 Publisher: Harvard Univ Pr Pub. Date: June, 1971 List Price(USD): $20.50 |
 |
Title: The Economic Intstitutions of Capitalism by Oliver E. Williamson ISBN: 068486374X Publisher: Free Press Pub. Date: 01 October, 1998 List Price(USD): $21.00 |
 |
Title: The Rise of the Western World : A New Economic History by Douglass C. North, Robert Paul Thomas ISBN: 0521290996 Publisher: Cambridge University Press Pub. Date: 30 July, 1976 List Price(USD): $23.00 |
 |
Title: The Firm, the Market, and the Law by Ronald H. Coase ISBN: 0226111016 Publisher: University of Chicago Press Pub. Date: February, 1990 List Price(USD): $20.00 |
Thank you for visiting www.AnyBook4Less.com and enjoy your savings!
Copyright� 2001-2021 Send your comments
