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Douglass Cecil North (November 5, 1920 – November 23, 2015) 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
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See moreDouglass North was born in Cambridge, Massachusetts, on November 5, 1920. He moved several times as a child due to his father's work at MetLife. The family lived in Ottawa, Lausanne, New York City, and Wallingford, Connecticut
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See moreInstitutions
In 1991 Douglas North published a paper, entitled 'Institutions,' in the Journal of Economic Perspectives. This paper summarized much of his earlier research relating to economic and institutional change. North defines...
See moreFrom 1951 to 1956, North was an assistant professor of economics at the University of Washington, then from 1956 to 1960, an associate
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See moreAlong with Ronald Coase and Oliver Williamson, he helped found the International Society for the New Institutional Economics (ISNIE)
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See moreNorth was married twice. His first marriage, to Lois Heister in 1944, resulted in three sons: Douglass Jr., Christopher and Malcolm. During the marriage, Heister became a notable activist
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See moreNorth's other major publications include:
• North, Douglass (1991). "Institutions". Journal of Economic Perspectives. 5 (1): 97–112. doi:10.1257/jep.5.1.97.
• North, Douglass C. (1955)....
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