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<p>Auto-generated Nobel Prize laureate article</p> <p><b>New page</b></p><div>{{Infobox economist<br /> | name = Douglass C. North<br /> | image = <br /> | birth_year = 1920<br /> | death_year = 2015<br /> | nationality = American<br /> | institution = Washington University, St. Louis<br /> | field = Economic History<br /> | awards = Nobel Memorial Prize in Economic Sciences (1993)<br /> }}<br /> <br /> &#039;&#039;&#039;Douglass C. North&#039;&#039;&#039; (1920–2015) was a [[American]] [[economist]]. He was an American economist who studied how institutions - laws, customs, and organizations - shape economic development. Douglass won the [[Nobel Memorial Prize in Economic Sciences]] in 1993 for work in [[Economic History]].<br /> <br /> == Early Life and Education ==<br /> Douglass C. North was born in 1920. He studied economics and showed great talent from an early age. He went on to work at Washington University, St. Louis, where he did most of his important research.<br /> <br /> == Work and Research ==<br /> Douglass C. North&#039;s most important contribution was in the field of &#039;&#039;&#039;[[Economic History]]&#039;&#039;&#039;. The Nobel Committee gave him the prize &quot;For having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change&quot;.<br /> <br /> His ideas changed how economists think about economic history. He developed new mathematical and analytical tools that other economists still use today. His work at Washington University, St. Louis helped make these ideas famous around the world.<br /> <br /> == Nobel Prize ==<br /> In 1993, Douglass C. North received the &#039;&#039;&#039;[[Nobel Memorial Prize in Economic Sciences]]&#039;&#039;&#039;. He was awarded the prize for his work in [[Economic History]].<br /> <br /> The Nobel Committee said the award was given: &#039;&#039;For having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change.&#039;&#039;<br /> <br /> He shared the prize with other economists who worked on similar problems.<br /> <br /> == Legacy ==<br /> Douglass C. North&#039;s ideas are still very important in economics today. Many of his theories are taught in universities and used by economists, governments, and businesses around the world.<br /> <br /> == References ==<br /> {{reflist}}<br /> <br /> == External Links ==<br /> * [https://www.nobelprize.org Nobel Prize official website]<br /> * [https://www.nobelprize.org/prizes/economic-sciences/1993/summary/ Nobel Prize 1993 - Economic Sciences]<br /> <br /> [[Category:SciWiki Articles]]<br /> [[Category:Nobel Prize in Economics winners]]<br /> [[Category:Nobel laureates]]<br /> [[Category:1993 Nobel Prize winners]]<br /> [[Category:American economists]]<br /> [[Category:Economic History economists]]<br /> [[Category:Economists]]</div>

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