Econ­o­mist Dou­glass North dies

Cape Breton Post - - IN MEMORIAM -

Dou­glass C. North, an Amer­i­can econ­o­mist who was a co-re­cip­i­ent of the 1993 No­bel Prize in eco­nomic sci­ences, has died. He was 95.

Speak­ing on be­half of North’s fam­ily, Wash­ing­ton Univer­sity in St. Louis said he died Mon­day at his sum­mer home in Ben­zo­nia, Michi­gan. A cause of death was not re­leased.

North and Robert Fogel of the Univer­sity of Chicago won the No­bel Prize for re­search that ap­plied eco­nomic the­ory and quan­ti­ta­tive meth­ods to ex­plain eco­nomic and in­sti­tu­tional change.

The univer­sity said North spent much of his 60-year aca­demic ca­reer pon­der­ing a sim­ple ques­tion: Why do some coun­tries be­come rich and oth­ers re­main poor?

Chan­cel­lor Mark S. Wrighton called North, “the very best of what we all as­pire to be — a thought­ful man, a kind col­league, a gen­er­ous univer­sity cit­i­zen.’’

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