Douglass North’s Remaking of Economic History: A Critical Appraisal

Fine, Ben; Milonakis, Dimitris

Abstract

This article aims to begin to fill a gap in the literature by offering a comprehensive critique of Douglass North’s work with emphasis on his historical studies. After a brief overview of his theoretical contributions, a closer scrutiny of his theory in its application to history is offered. North’s histories are found to be problematic. To resolve the difficulties involved requires a break with his methodology and the supplemented neoclassical economics from which it is drawn.

Citation

Fine, B., & Milonakis, D. (2007). Douglass North’s Remaking of Economic History: A Critical Appraisal. Review of Radical Political Economics, 39(1), 27-57. https://doi.org/10.1177/0486613406296896

• Journal Article Type: Article
• Publication Date: Jan 1, 2007
• Deposit Date: Oct 21, 2008
• Journal: Review of Radical Political Economics
• Print ISSN: 0486-6134
• Electronic ISSN: 1552-8502
• Publisher: SAGE Publications
• Peer Reviewed: Peer Reviewed
• Volume: 39
• Issue: 1
• Pages: 27-57
• DOI: https://doi.org/10.1177/0486613406296896