In some respects this is intended to be a revolutionary book, but in other respects it is very traditional indeed. It is revolutionary in that we hav… - Douglass North

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In some respects this is intended to be a revolutionary book, but in other respects it is very traditional indeed. It is revolutionary in that we have developed a comprehensive analytical framework to examine and explain the rise of the Western world; a framework consistent with and complementary to standard neoclassical economic theory.