Structure and Change in Economic History

9 customer reviews
ISBN-13: 978-0393952414
ISBN-10: 039395241X
Why is ISBN important?
This bar-code number lets you verify that you're getting exactly the right version or edition of a book. The 13-digit and 10-digit formats both work.
Scan an ISBN with your phone
Use the Amazon App to scan ISBNs and compare prices.
Have one to sell? Sell on Amazon
Buy new
Only 13 left in stock (more on the way).
Ships from and sold by Gift-wrap available.
25 New from $12.00
FREE Shipping on orders over $35.
Structure and Change in E... has been added to your Cart
Amazon Price New from Used from
Paperback, October 17, 1982
"Please retry"
$12.00 $3.27
More Buying Choices
25 New from $12.00 26 Used from $3.27
Free Two-Day Shipping for College Students with Amazon Student Free%20Two-Day%20Shipping%20for%20College%20Students%20with%20Amazon%20Student

InterDesign Brand Store Awareness Textbooks
$16.84 FREE Shipping on orders over $35. Only 13 left in stock (more on the way). Ships from and sold by Gift-wrap available.

Frequently Bought Together

Structure and Change in Economic History + Institutions, Institutional Change and Economic Performance (Political Economy of Institutions and Decisions) + Polyarchy: Participation and Opposition
Price for all three: $62.83

Buy the selected items together

Best Books of the Month
Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.

Product Details

  • Paperback: 240 pages
  • Publisher: W. W. Norton & Company (October 17, 1982)
  • Language: English
  • ISBN-10: 039395241X
  • ISBN-13: 978-0393952414
  • Product Dimensions: 5.6 x 0.7 x 8.3 inches
  • Shipping Weight: 11.4 ounces (View shipping rates and policies)
  • Average Customer Review: 4.3 out of 5 stars  See all reviews (9 customer reviews)
  • Amazon Best Sellers Rank: #185,045 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

Most Helpful Customer Reviews

31 of 33 people found the following review helpful By -_Tim_- on December 2, 2004
Format: Paperback Verified Purchase
This book aims to explain the structure and evolution of institutions. The author, Nobel laureate Douglass North, concludes that the tension between gains from specialization and attendant costs is "the basic source of structure and change in economic history." Institutions arise to exploit the gains from division of labor or to reduce transaction costs. This theory appears to offer considerable economy and power of explanation.

North asserts that, in the prehistoric era, human population increase would lead to declining labor productivity as resources were exhausted. New technologies could increase productivity but, if property rights were nonexclusive, as they must have been in a nomadic hunter-gatherer society, new technologies would simply accelerate resource depletion. Only if a tribe or band could exclude rivals from exploiting the resource, as they could in a settled agricultural society, would the productivity gains from new technology be sustained. The advantage that agriculture offered, then, was the opportunity to establish exclusive communal property rights. This produced what North calls the first economic revolution.

The first economic revolution, occasioned by the rise of agriculture, produced the state, "the most fundamental achievement of the ancient world." The state specialized in providing security, keeping order within societies and protecting them from outside threats, while the complex demands of an agricultural economy (compared to those of a hunter-gatherer economy) required increased specialization throughout the rest of society as well.
Read more ›
2 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
17 of 17 people found the following review helpful By D. W. MacKenzie on April 28, 2008
Format: Paperback
Structure and Change in Economic History is an insightful and informative book. Much of what you find here is standard Comparative Institutional analysis, as developed by Mancur Olson, Ronald Coase, and James Buchanan. North aims at understanding institutions as humanly devised structure within which we all interact. Institutions are constraints that enable us to deal with real problem: free riding, high transaction costs, coordination failures... To some extent we must understand institutions in terms of utilitarian calculations. However, we must not limit our analysis to the utilitarian calculus of welfare economics.

Institutions are founded upon ideology. Ideological change drives institutional change. The aim of ideology is to "energize groups to behave contrary to a simple hedonistic individual calculation of costs" (p53). Ideology is definitely important to understanding institutions. But New Institutional and Public Choice Economists tend to ignore ideology, in favor of explaining institutions strictly in terms of utility maximizing choice.

We can see how ideology plays out with institutions that are relatively insulated from pressure groups and voters. Life tenure for judges might enable them to rule on cases based on their worldviews, rather than narrow utilitarian considerations. We must examine the role of `intellectual entrepreneurs' who develop `contrasting worldviews'. North has the right kind of mix between the issues that economists and other academics explore. Economists are right about the need for understanding human behavior in terms of a utilitarian calculus. However, economists have often erred by ignoring factors like ideology. North makes no such mistakes.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
21 of 23 people found the following review helpful By RW on November 27, 2000
Format: Paperback
Professor North's work is divided into two parts. The first briefly outlines a theory of structural change of institutions through time. North argues that the most interesting aspects of economic history involve assumptions that standard, neoclassical economic theory holds contant. In particular, North argues that "The physiography and resources of the regions together with the state of military technology played decisive roles in determining the size and characteristics of the state and in shaping the forms of economic organization" (pg. 64), and that those forms overcome shirking, known as the Free Rider Problem, through the elaboration of a dominant ideology. It is just such considerations that neoclassical theory cannot account for in its model of the utilitarian actor and yet which are so vital in understanding the essential elements of economic history (rather than economics) - structure and change.
The second part applies the ideas of the first to a few thousand years of human history. At least that is the aim. It is actually little more than a brief recounting of major events in world, particularly Western history. North starts with the so-called First Economic Revolution; that is, mankind's switch from a primarily hunter/gatherer existence to one based mostly on agriculture. He then moves through the decline of the ancient world, spending most all of his time on the fall of the Roman Empire. From there he covers the rise of western Europe and then the American economy at the turn of the last century.
It is this second part that is the book's weakest link. North should either have spent more time discussing how his theory relates to the event he surveys or let the reader apply the theory on her own and left the historical essays out entirely.
Read more ›
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again

Set up an Amazon Giveaway

Amazon Giveaway allows you to run promotional giveaways in order to create buzz, reward your audience, and attract new followers and customers. Learn more
Structure and Change in Economic History
This item: Structure and Change in Economic History
Price: $16.84
Ships from and sold by