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This Element examines the historical emergence of evolutionary economics and how it has embraced a diverse set of approaches. Its core ideas are compared with those of mainstream economics. Looking to the future, suggestions are made from strengthening its core while addressing the problem of its disciplinary location within academia.
Of paramount importance to the natural sciences, the principles of Darwinism, which involve variation, inheritance, and selection, are increasingly of interest to social scientists as well. This title reveals how the British naturalist's core concepts apply to a range of phenomena, including business practices, technology, and science itself.
Recent events in Eastern Europe have underlined the limitations of Marxian economic and political theory. In this collection of essays Hodgson subjects Marxian economic theory to critical examination and shows which elements retain their modern relevance.
Geoffrey Hodgson aims to demonstrate that social institutions play a central role in moulding preferences and guiding action.
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