The Evolutionary Foundations of Economics

The Evolutionary Foundations of Economics

by Kurt Dopfer
     
 

ISBN-10: 0521621992

ISBN-13: 9780521621991

Pub. Date: 05/31/2005

Publisher: Cambridge University Press

It is widely recognised that mainstream economics has failed to translate micro consistently into macro economics and to provide endogenous explanations for the continual changes in the economic system. This volume brings together fifteen original articles from scholars - each of whom has made a significant contribution to the field - in their common effort to…  See more details below

Overview

It is widely recognised that mainstream economics has failed to translate micro consistently into macro economics and to provide endogenous explanations for the continual changes in the economic system. This volume brings together fifteen original articles from scholars - each of whom has made a significant contribution to the field - in their common effort to reconstruct economics as an evolutionary science. Using meso economics as an analytical entity to bridge micro and macro economics as well as static and dynamic realms, a unified economic theory emerges, offering an entirely new approach to the foundations of economics.

Product Details

ISBN-13:
9780521621991
Publisher:
Cambridge University Press
Publication date:
05/31/2005
Pages:
577
Product dimensions:
5.98(w) x 8.98(h) x 1.46(d)

Table of Contents

1Evolutionary economics : a theoretical framework3
IOntological foundations
2The rediscovery of value and the opening of economics61
3Synergetics : from physics to economics70
4Darwinism, altruism and economics89
5Decomposition and growth : biological metaphors in economics from the 1880s to the 1980s105
6Path dependence in economic processes : implications for policy analysis in dynamical system contexts151
7Is there a theory of economic history?195
IIA framework for evolutionary analysis
8Towards an evolutionary theory of production223
9Learning in evolutionary environments255
10The evolutionary perspective on organizational change and the theory of the firm339
11The self-organizational perspective on economic evolution : a unifying paradigm367
12Evolutionary concepts in relation to evolutionary economics391
13Understanding social and economic systems as evolutionary complex systems431
14Perspectives on technological evolution461
15Evolutionary economic dynamics : persistent cycles, disruptive technology and the trade-off between stability and complexity472
16Evolutionary theorizing on economic growth506

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