Douglass North
Douglass North (1920-2015) was a renowned American economist and Nobel laureate recognized for his work in economic history and institutional economics. He co-founded the field of new institutional economics, emphasizing how institutions shape economic performance and development. North's analyses of the roles of property rights and transaction costs in economic growth have had a profound influence on both economic theory and policy. His scholarly contributions earned him the Nobel Prize in Economic Sciences in 1993.
Born on Nov 05, 1920 (104 years old)
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Douglass North is mentioned as a key economist in the context of the economic freedom index.
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