This outstanding collection of essays by leading scholars helps explain how evolutionary economics has come of age. They show how evolutionary economics offers a progressive and diverse research agenda built on strong foundations. These are essays of lasting value. J. Stanley Metcalfe, University of Manchester, UK Darwinism is fast becoming an orthodoxy of modern thought, a framework within which a wide range of knowledge communities conduct their discourse. Ever since its formation, Darwinian theory has experienced a close, though not always comfortable, association with economics. Evolutionary economists now appear to show little concern for the consistency of knowledge in their embrace of Darwinism. Darwinism and Evolutionary Economics brings together contributions from eminent authors who, building on Darwin s own insights and on developments in evolutionary theory, offer challenging views on how economics can use evolutionary ideas effectively. This collection of critical essays provides a thorough examination of the application of Darwinian theory to economic thought, and will appeal to evolutionary economists and all those with an interest in Darwin, innovation and evolutionary science.
Krebs and Davies (1984) document a rule that the sex that invests more in offspring is the sex that is courted. The logic is clear. The large investment made by one sex is a valuable reproductive asset that is sought by the other sex.
Acknowledgements Introduction Geoffrey M. Hodgson PART I HUMAN NATURE, RATIONALITY AND GROUP SELECTION 1. Herbert A. Simon (1990), 'A Mechanism for Social Selection and Successful Altruism' 2. Paul A. Samuelson...
By exploring this complex relationship, Rethinking Economic Evolution demonstrates the significance of an evolutionary economic theory.
In reviewing this book in The Economic Journal, S.G. Checkland said that it should be read as a vigorous attempt to relate economics to general thinking and as a challenge to those who are practitioners or elaborators of narrowly prescribed ...
Clark , C. M. A. ( 1988 ) Natural Law Influences on Adam Smith ' , Quaderni di Storia del Economia Politica , 6 , pp . 59-83 . Clark , C. M. A. ( 1990 ) ' Adam Smith and Society as an Evolutionary Process ' , Journal of Economic Issues ...
A point emphasized in this article is that Spencerian and other Panglossian conceptions of evolution have little foundation in modern evolutionary theory , and therefore should be severely qualified or discarded .
Shows how thinking in evolutionary terms enhances our understanding of the economic and social change taking place at all levels.
This book is a major contribution to the current revolution in economic theory.
This book offers a comprehensive exploration of the major key concepts common to economics and evolutionary biology.
Many of these works are placed in a Darwinian, evolutionary perspective, with the imperative that the study of human nature must be consistent with our understanding of human evolution, and should consider how human beings are moulded by ...