Part of a series which attempts to provide a guide to the current interpretations of the key themes of economic and social history in which advances have recent

The conditions for sustainable growth and development are among the most debated topics in economics, and the consensus is that institutions matter greatly in e

In this landmark work, a Nobel Prize-winning economist develops a new way of understanding the process by which economies change. Douglass North inspired a revo

A concise and accessible examination of the established models used to explain long-term and large-scale economic change.

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique