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Top 15 Douglass North Quotes (2025 Update)

Douglass North Quote: “To predict the future we would have to know today what we will learn tomorrow which will shape our future actions.”

1. “To predict the future we would have to know today what we will learn tomorrow which will shape our future actions.”

— Douglass North

Douglass North Quote: “Our family life was certainly not intellectual.”

2. “Our family life was certainly not intellectual.”

— Douglass North

Douglass North Quote: “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.”

3. “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.”

— Douglass North

Douglass North Quote: “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.”

4. “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.”

— Douglass North

Douglass North Quote: “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.”

5. “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.”

— Douglass North

Douglass North Quote: “The supremacy of Parliament and the embedding of property rights in Common Law put political power in the hands of men anxious to exploit the new economic opportunities and provided the framework for a judicial system to protect and encourage productive economic activity.”

6. “The supremacy of Parliament and the embedding of property rights in Common Law put political power in the hands of men anxious to exploit the new economic opportunities and provided the framework for a judicial system to protect and encourage productive economic activity.”

— Douglass North

Douglass North Quote: “My brother and sister are both older than I am and were born before my father went off to World War I.”

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

— Douglass North

Douglass North Quote: “In 1972 I married again, to Elisabeth Case; she continues to be wife, companion, critic and editor: a partner in the projects and programs that we undertake.”

8. “In 1972 I married again, to Elisabeth Case; she continues to be wife, companion, critic and editor: a partner in the projects and programs that we undertake.”

— Douglass North

Douglass North Quote: “Information costs are reduced by the existence of large numbers of buyers and sellers. Under these conditions, prices embody the same information that would require large search costs by individual buyers and sellers in the absence of an organized market.”

9. “Information costs are reduced by the existence of large numbers of buyers and sellers. Under these conditions, prices embody the same information that would require large search costs by individual buyers and sellers in the absence of an organized market.”

— Douglass North

Douglass North Quote: “My early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking.”

10. “My early work and publications centered around expanding on the analysis of life insurance in my dissertation and its relationship to investment banking.”

— Douglass North

Douglass North Quote: “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.”

11. “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.”

— Douglass North

Douglass North Quote: “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.”

12. “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.”

— Douglass North

Douglass North Quote: “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.”

13. “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.”

— Douglass North

Douglass North Quote: “My record at the University of California as an undergraduate was mediocre to say the best.”

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

— Douglass North

Douglass North Quote: “I learned to fly an airplane, and had my own airplane during the 1960s.”

15. “I learned to fly an airplane, and had my own airplane during the 1960s.”

— Douglass North

Motivational Quotes

Motivational Quotes

Inspirational Entrepreneurship Quotes

Inspirational Entrepreneurship Quotes

Positive Quotes

Positive Quotes

Albert Einstein Quotes

Albert Einstein Quotes

Motivational Quotes

Motivational Quotes

INSPIRATIONAL SUCCESS MOTIVATIONAL

Inspirational Entrepreneurship Quotes

Inspirational Entrepreneurship Quotes

ENTREPRENEURSHIP BUSINESS INSPIRATIONAL

Positive Quotes

Positive Quotes

Albert Einstein Quotes

Albert Einstein Quotes

ENTREPRENEURSHIP BUSINESS INSPIRATIONAL

Steve Jobs Quotes

Steve Jobs Quotes

ENTREPRENEURSHIP BUSINESS APPLE

Inspirational Quotes

Inspirational Quotes

COURAGE MOTIVATIONAL STRENGTH

INSPIRATIONAL SUCCESS MOTIVATIONAL

Swami Vivekananda Quotes

Swami Vivekananda Quotes

LIFE SPIRITUALITY

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