The New Institutionalist Economic History of Douglass North A Critical Interpretation 1st edition by Matthijs Krul 3319940830 9783319940830

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ISBN 10: 3319940830 

ISBN 13: 9783319940830

Author: Matthijs Krul 

This book offers a comprehensive assessment of Douglass North’s contribution to economics and the social sciences by examining the origins and structure of his New Institutionalist Economic History (NIEH). Informed by contemporary debates in the philosophy of economics, Krul describes the evolution of North’s theory from mainstream economics to an increasingly heterodox form of New Institutionalism. He also examines what North’s original aims were in developing the NIEH research programme and how well it has achieved these aims. By exploring major themes in North’s NIEH, with an emphasis on the final stage of his theory, Krul sheds new light on the strengths and weaknesses of North’s work. He also discusses the implications of this critical interpretation for the New Institutionalism in economics and other fields of social science.

The New Institutionalist Economic History of Douglass C. North: A Critical Interpretation 1st table of contents: 

1. Introduction: Douglass North’s NIEH in Context
2. North’s NIEH in Historical Overview
3. Markets, the Social Contract, and the ‘Smithian Result’
4. Players of the Game: Rationality, Choice, and Indeterminacy
5. North’s Theory of Cultural Evolution
6. North’s NIEH as Global History
7. Revisiting Polanyi’s Challenge: North and the Limits of the New Institutionalism
8. Conclusion: The Future of the Neoinstitutionalist Turn

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Tags: Institutionalist, Economic, Douglass North, Critical Interpretation, Matthijs Krul