Abstract

Douglass North’s The Economic Growth of the United States, 1790-1860, while not the most controversial of the works of “new economic historians” in the 1960s, was among the first and was probably the most widely used of any of these in undergraduate history courses. In addition to its widespread use—possibly the first introduction of many history students to an economic approach to their subject—it framed, if not originated, a number of hypotheses about the process of American economic growth and about various specific relationships which have been and remain the basis of empirical work. In examining its importance the question is not just whether on certain specific points North was right, but also whether the book generated important hypotheses for empirical testing. In these latter regards here clearly was an important book, and, while it may seem to be incomplete or to fail on some specific issues, we should add that even now it is often unclear what the “right” answers might be.

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