Understanding the Process of Economic Change AUTH-10741579 Lorand Gaspar grew up speaking

Lorand Gaspar grew up speaking Hungarian

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University of Ontario Institute of Technology

Understanding the Process of Economic Change AUTH-10741579 Lorand Gaspar grew up speakingIn this landmark work, a Nobel Prize winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revolution in economic history a generation ago by demonstrating that economic performance is determined largely by the kind and quality of institutions that support markets. As he showed in two now classic books that inspired the New Institutional Economics (today a subfield of economics),