The goal should be institutions that expand human potential ... - Douglass North

"The goal should be institutions that expand human potential while constraining destructive behavior."

Douglass North Leadership

Economist Historian American 1920–2015

More from Douglass North

"Institutions are the humanly devised constraints that shape human interaction."

"The performance of economies over time is determined by institutions and institutional change."

"Ideas have consequences, and the ideas we hold shape the institutions we create."

"Economic history is fundamentally about understanding how societies organize production and exchange."

"A leader must be fair and just."

"Integrity is everything."

"One must take responsibility for one's environment."

"In this house, I make the decisions"