Douglass Cecil North was an American economist known for his study of economic history. He is regarded as having popularised the field of cliometrics, or new economic history, and served as a professor at various institutions including Rice University, Cambridge, and Washington University in St. Louis. He was the first economic historian to win the John R. Commons Award and helped found the International Society for the New Institutional Economics. He won the Nobel prize in 1993 “for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change.”

Douglass North (1993)

Understanding the Process of Economic Change (1999)