Douglass North Quotes


My father had not even completed high school when he started as an office boy working for the Metropolitan Life Insurance Company, and I am not sure that my mother completed high school.


Citations

North, Douglass C. "Douglass C. North - Biographical." Les Prix Nobel. The Nobel Prizes 1993, edited by Tore Frängsmyr, Nobel Foundation, 1994.

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Douglass North
Douglass North
  • Born: November 5, 1920
  • Died: November 23, 2015
  • Nationality: American
  • Profession: Economist

Douglass Cecil North was an American economist known for his work in economic history. He was the co-recipient (with Robert William Fogel) of the 1993 Nobel Memorial Prize in Economic Sciences. In the words of the Nobel Committee, North and Fogel "renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change."