Quote of the day
Policemen so cherish their status as keepers of the peace and protectors of the public that they have occasionally been known to beat to death those citizens or groups who question that status.
Douglass North
Born: November 5, 1920
Died: November 23, 2015 (aged 95)
Bio: Douglass Cecil North was an American economist known for his work in economic history. He was the co-recipient of the 1993 Nobel Memorial Prize in Economic Sciences.
Known for:
- Understanding the Process of Economic Change (2005)
- Structure and Change in Economic History (1981)