At the core of Professor North's investigation is the question
of property rights, the arrangements individuals and groups have
made through history to deal with the fundamental economic problem
of scarce resources.
In six theoretical chapters, Professor North examines the
structure of economic systems, outlines an economic theory of the
state and the ideologies that undergird various modes of economic
organization, and then explores the dynamic forces such as new
technologies that cause institutions to adapt in order to survive.
With this analytical framework in place, major phases in Western
history come under careful reappraisal, from the origins of
agriculture and the neolithic revolution through the political
economy of the ancient and medieval worlds to the industrial
revolution and the economic transformations of the twentieth
century.
Structure and Change in Economic History is a work that will
reshape many established explanations of the growth of the
west.
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