I went back to graduate school with the clear intention that what I wanted to do with my life was to improve societies, and the way to do that was to find out what made economies work the way they did or fail to work.
More Quotes from Douglass North:
It was not until I got my first job, at the University of Washington in Seattle, and began playing chess with Don Gordon, a brilliant young theorist, that I learned economic theory.Douglass North
My early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking.
Douglass North
What the war did was give me the opportunity of three years of continuous reading, and it was in the course of reading that I became convinced that I should become an economist.
Douglass North
My brother and sister are both older than I am and were born before my father went off to World War I.
Douglass North
I would be remiss if I left the impression that my life has been totally preoccupied with scholarly research.
Douglass North
My wife and I now live in the summers in northern Michigan in an environment which is wonderfully conducive to research, and where most of my work in the last 15 years has been done.
Douglass North
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