这些教训与启发来自诺斯对西欧制度和经济发展的研究及评估。 他将欧洲的工业革命归因于两个关键因素：一个是为数众多的不同信仰体系的存在，另一个是新兴主权力量之间和内部的激烈竞争。
These lessons are reflected in North’s assessment of Western Europe’s institutional and economic development, in which he attributed the Industrial Revolution to two key factors: varying belief systems and intense competition between and within the emerging sovereign powers.