Professor Douglass C. North, 1993 Nobel Laureate in economics has visited Tsinghua SEM on July 12, 2007, where he delivered a speech entitled “A Conceptual Framework for Interpreting Recorded Human History” and held a dialogue with renowned Chinese economists later in the afternoon.

Nobel Laureate in economics Professor Douglass C. North speaks at Tsinghua SEM

More than 150 students at Tsinghua attended North’s lecture.

Professor Qian Yingyi, Dean of Tsinghua SEM expressed warmest welcome to North’s visit to Tsinghua and presented a gift to him on behalf of Tsinghua SEM after the speech.

Dialogue with Chinese economists

The following dialogue session was joined by several renowned Chinese economists including Professor Qian Yingyi, Dean of Tsinghua SEM, Professor David Daokui Li, Chair of Department of Finance of Tsinghua SEM, Professor Dennis Yang from Virginia Polytechnic Institute and State University (Virginia Tech), Professor Bai Chong-en, Chair of Department of Economics of Tsinghua SEM, Professor Wang Yijiang from Department of Human Resources and Organizational Behavior of Tsinghua SEM, Visiting Professor Li Hongbin from Department of Economics of Tsinghua SEM, and Professor Lin Shuanglin, Chairman of China Center for Public Finance and Department of Public Finance, Peking University.

Professor North with his wife Elisabeth Case

Professor North currently is a Spencer T. Olin Professor in Arts and Sciences atWashingtonUniversity,St. Louis, and a Senior Fellow at Hoover Institution. He received the Nobel Memorial Prize in Economic Sciences in 1993. His research interests have included property rights, transaction costs, economic organization in history, a theory of the state, the free rider problem; and have focused on the formation of political and economic institutions and the consequences of these institutions on the performance of economies through time. Professor North has lectured at most major American and European universities and many Asian universities. He is the author of more than fifty articles and eight books.