In this paper I aim to try defining New Political Economy (NEP) as the economic study of politics, with a macroeconomic focus. It emerged from the influences mainly from the criticism of theory of economic policy, political business cycle research, public choice theory and new institutional...

This article explores Douglass North’s intellectual development as a political economist and an interdisciplinary researcher. Although he was an important figure during the cliometrics revolution, he later grew dissatisfied with the approach and went on to study institutions, helping to...