This volume showcases the impact of the work of Douglass North, winner of the Nobel Prize and father of the field of new institutional economics. Leading schola

This volume showcases the impact of the work of Douglass C. North, winner of the Nobel Prize and father of the field of new institutional economics. Leading sch

This book addresses a puzzle in political economy: why is it that political instability does not necessarily translate into economic stagnation or collapse? In

An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis

Phillipp Schofield is Professor of Medieval History and Head of the Department of History and Welsh History, Aberystwyth University. His research interests focu