#om

In 1972 I married again, to Elisabeth Case; she continues to be wife, companion, critic and editor: a partner in the projects and programs that we undertake. ↗

— Douglass North

#case #companion #continues #critic #editor

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

#brilliant #chess #economic #economic theory #first

My father had not even completed high school when he started as an office boy working for the Metropolitan Life Insurance Company, and I am not sure that my mother completed high school. ↗

— Douglass North

#boy #company #completed #even #father

The development of a political-economic framework to explore long-run institutional change occupied me during all of the 1980s and led to the publication of Institutions, Institutional Change and Economic Performance in 1990. ↗

— Douglass North

#development #during #economic #explore #framework

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

#become #continuous #convinced #course #did

When it came time to go to college, I had been accepted for Harvard when my father was offered the position of head of the Metropolitan Life Insurance Company office on the west coast, and we moved to San Francisco. ↗

— Douglass North

#been #came #coast #college #company

While I was there I became deeply interested in photography, and indeed the most noteworthy event in my early life was winning first, third, fourth and seventh prizes in an international competition for college and high school students. ↗

— Douglass North

#college #competition #deeply #early #early life

And those are the Rich, who transmit what they have to their Posterity; whereby particular Families become rich; and of such are compounded Cities, Countries, Nations, etc. ↗

— Dudley North

#cities #compounded #countries #etc #families

Nor in truth, can Forreign Trade subsist without the Home Trade, both being connected together. ↗

— Dudley North

#both #connected #home #nor #subsist

So that it cannot be denied, but the lowering of Interest may, and probably will keep some Money from coming abroad into Trade; whereas on the contrary, high Interest certainly brings it out. ↗

— Dudley North

#brings #cannot #certainly #coming #contrary