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Douglass North, a towering figure in economics, revolutionized the study of institutions and their impact on economic development. His groundbreaking work earned him a Nobel Prize, underscoring the importance of understanding history and institutions in shaping prosperity. North's legacy serves as a guiding light for scholars seeking to unravel the complexities of economic growth.
"My early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking."
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"My early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking."

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"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."
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"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."

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"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."
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"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."

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"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."
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"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."

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"My record at the University of California as an undergraduate was mediocre to say the best."
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"My record at the University of California as an undergraduate was mediocre to say the best."

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"Our family life was certainly not intellectual."
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"Our family life was certainly not intellectual."

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"I would be remiss if I left the impression that my life has been totally preoccupied with scholarly research."
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"I would be remiss if I left the impression that my life has been totally preoccupied with scholarly research."

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"My brother and sister are both older than I am and were born before my father went off to World War I."
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"My brother and sister are both older than I am and were born before my father went off to World War I."

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"I went to elementary school in Ottawa, and then to a private secondary school."
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"I went to elementary school in Ottawa, and then to a private secondary school."

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"I was opposed to World War II, and indeed on June 22, 1941 when Hitler invaded the Soviet Union I suddenly found myself the lone supporter of peace since everybody else had, because of their communist beliefs, shifted over to become supporters of the war."
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"I was opposed to World War II, and indeed on June 22, 1941 when Hitler invaded the Soviet Union I suddenly found myself the lone supporter of peace since everybody else had, because of their communist beliefs, shifted over to become supporters of the war."

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"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."
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"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."

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"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."
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"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."

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"I had hoped to go to law school, but the war started, and because of the strong feeling that I did not want to kill anybody, I joined the Merchant Marine when I graduated from Berkeley."
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"I had hoped to go to law school, but the war started, and because of the strong feeling that I did not want to kill anybody, I joined the Merchant Marine when I graduated from Berkeley."

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"I went back to graduate school with the clear intention that what I wanted to do with my life was to improve societies, and the way to do that was to find out what made economies work the way they did or fail to work."
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"I went back to graduate school with the clear intention that what I wanted to do with my life was to improve societies, and the way to do that was to find out what made economies work the way they did or fail to work."

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"I continue to be a photographer; I have enjoyed fishing and hunting with a close friend; and have owned two ranches, first in northern California and then in the state of Washington."
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"I continue to be a photographer; I have enjoyed fishing and hunting with a close friend; and have owned two ranches, first in northern California and then in the state of Washington."

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"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."
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"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."

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