p. 2
“
The factors we have listed (innovation, economies of scale, education, capital accumulation, etc.) are not causes of growth; they are growth.
— Douglass North
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "The factors we have listed (innovation, economies of scale, education, capital accumulation, etc.) are not causes of growth; they are growth." in the context of "p. 2" to mean that wisdom is timeless.
Source: Wikiquote: "Douglass North" (Quotes, The rise of the western world, 1973: Douglass C. North and Robert Paul Thomas. The rise of the western world: A new economic history. Cambridge University Press, 1973.)
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
Tags
About Douglass North
Douglass Cecil North (November 5, 1920 – November 23, 2015) was an American economist known for his work in economic history. He was the co-recipient (with Robert Fogel) of the 1993 Nobel Memorial Prize in Economic Sciences.
About Douglass North
Douglass Cecil North (November 5, 1920 – November 23, 2015) was an American economist known for his work in economic history. He was the co-recipient (with Robert Fogel) of the 1993 Nobel Memorial Prize in Economic Sciences.
View all quotes →