First edition. 8vo. viii, 171, [1] pp. Original blue cloth, spine lettered in gilt, dust jacket (internally clean; some trivial wear to extremities, lettering to spine panel of jacket very slightly faded, small amount of faint marking to rear panel, a very good copy overall). Cambridge, At the University Press, 1973.
An expansion of North’s earlier theoretical work on the role and dynamic of institutions, offering a unified explanation for the growth of Western Europe between 900 A.D. and 1700.
North was awarded the 1993 Noble Prize in Economics for having ‘renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change’.
