The new institutionalist economic history of Douglass C. North: a critical 
interpretation

Krul, Matthijs

doi:10.1007/978-3-319-94084-7

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The new institutionalist economic history of Douglass C. North: a critical interpretation

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Krul, Matthijs
Department 'Resilience and Transformation in Eurasia', MPI for Social Anthropology, Max Planck Society;

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Citation

Krul, M. (2018). The new institutionalist economic history of Douglass C. North: a critical interpretation. Cham: Palgrave Macmillan.

Cite as: https://hdl.handle.net/21.11116/0000-0002-8657-5

Abstract

This book offers a comprehensive assessment of Douglass North's contribution to economics and 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.