InspiringQuotes

Douglass North Quotes:

Ocupation: Economist

Life: b. November 5, 1920

Birthday: November 5

Regarding social order, [Francis] Fukuyama writes, "The systematic study of how order, and thus social capital, can emerge in spontaneous and decentralized fashion is one of the most important intellectual developments of the late twentieth century." He correctly attributes the modern origins of this argument to F. A. Hayek, whose pioneering contributions to cognitive science, the study of cultural evolution, and the dynamics of social change put him in the forefront of the most creative scholars of the 20th century.

- Douglass North

source: "Orders of the Day" by Douglass North, reason.com. November 1999.

topic: Fashion, Writing, Order, Hayek, Intellectual Development, Cognitive Science, Social Capital

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