Institutions, Institutional Change And Economic... -

The piece you are looking for is titled a seminal book written by Nobel Prize-winning economist Douglass C. North and published in 1990 .

In this work, North defines institutions as the "rules of the game" in a society—humanly devised constraints that shape human interaction and structure incentives in exchange. He argues that the evolution of these institutions is the fundamental key to understanding why some economies grow and prosper while others stagnate or decline. Institutions, Institutional Change and Economic...

View the full book description and publication details at Cambridge University Press & Assessment . The piece you are looking for is titled

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