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The Evolving Economy: Essays on the Evolutionary Approach to Economics

The Evolving Economy: Essays on the Evolutionary Approach to Economics (Hardback)

£109.00
To Order. Estimated despatch in 1-3 weeks.
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Synopsis

Change manifests itself in all facets of the economy. This important collection of previously published essays illustrates how the evolutionary approach can reveal not only where change comes from, and how it happens, but also where it will lead.



The Evolving Economy covers a broad spectrum of issues ranging from the biological foundations of economic behavior to the co-evolution of firms, markets, and institutions. Ulrich Witt's individualistic approach synthesizes elements familiar from the writings of Veblen and Schumpeter on economic evolution. A conceptual debate on what the notion of evolution means in the economic context is as much emphasized as is the discussion of concrete hypotheses explaining why and how evolutionary economic change comes about.



Offering an outline of a paradigm focusing on endogenous economic change, this book will be of great interest to economists and economic historians. Sociologists, philosophers and anthropologists will also find this work invaluable as it presents an encompassing assessment of the role of Darwinian thought for understanding human behavior and societal evolutio

BusinessEconomicsEconomic historyBusinessEconomicsEconomic theory & philosophy Publisher: Edward Elgar Publishing Ltd Publication Date: 26/02/2003 ISBN-13: 9781840647488  Details: Type: Hardback Format: Books
Availability: To Order. Estimated despatch in 1-3 weeks.  

Ulrich Witt, Director Emeritus of the Evolutionary Economics Research Group, Max Planck Institute for the Science of Human History, Germany and Adjunct Professor, Griffith Business School, Griffith University, Australia

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