The Roles Of Institutions

The Roles Of Institutions
First, please read chapter four of your textbook. Then read the following article by Doug North (winner of 1993 Nobel Prize in Economics), in which he describes the role of institutions in governing economic and business systems. After reading the article, please complete a summary and evaluation of the article: That is, summarize the content of the article in 1.5 pages, and in .5 pages evaluate its content. You can find the article here:
North Week 4 Reading.pdf
Remember that your evaluation should include problems/concepts/ or points that you think the author should have addressed but didn’t. These problems/concepts/points should also have an impact on the article’s conclusions – and you should explain the mechanisms by which they affect the author’s conclusions. (See the Summary and Evaluation description and rubric for an explanation.)
 
Requirements
Your summary and evaluation assignment will involve summarizing the article (in roughly 1 to 1.5 pages), and then writing your reaction to its content (in ½ to 1 pages). Your summary should highlight the key arguments and conclusions of the research paper in a logical manner. Your evaluation should then critique the article.
For your critique, you will need to do the following: (1) Identify a problem, concept, or a variable that the author did not address in his article, and (2) describe how that problem/concept/variable would impact the author’s conclusions. Note that this will require you to carefully read the article in order to understand exactly what arguments the author does (and does not) make to support the conclusions in their paper. You must then identify something that the article is missing that is relevant to the conclusions of the article. This will be quite difficult, and you should focus on one (no more than two) problems/concepts/variables that you think should have been addressed in the article.
The purpose here is for you to carefully read original academic research and to think critically about the arguments and conclusions contained within it. Each S

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