Douglass C. North (1920-2015)

Awarded the Prize “for having renewed research in economic history by applying economic theory quantitative methods in order to explain economic institutional change.”

American economist. North was born on November 5, 1920 in Cambridge, Massachusetts. He graduated in 1942 from the University of California at Berkeley, where he received his Ph.D. in 1952. He once taught at the University of Washington, Rice University Cambridge University, did research at the National Bureau of Economic Research. North died on November 23, 2015 in Benzonia, Michigan, U.S. 
Major Works:
Institutional Change American Economic Growth (co-author, 1966); The Rise of the Western World: A New Economic History (co-author, 1967); Structure Change in Economic History (1981); Institutions, Institutional Change Economic Performance (1990)