To predict the future we would have to know today what we will learn tomorrow which will shape our future actions
Douglass NorthI went back to graduate school with the clear intention that what I wanted to do with my life was to improve societies, and the way to do that was to find out what made economies work the way they did or fail to work.
Douglass NorthMy early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking.
Douglass NorthMy brother and sister are both older than I am and were born before my father went off to World War I.
Douglass NorthThe evolution of government from its medieval, Mafia-like character to that embodying modern legal institutions and instruments is a major part of the history of freedom. It is a part that tends to be obscured or ignored because of the myopic vision of many economists, who persist in modeling government as nothing more than a gigantic form of theft and income redistribution.
Douglass North