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Evolution and institutions : on evolutionary economics and the evolution of economics

Author: Geoffrey Martin Hodgson
Publisher: Cheltenham, UK ; Northampton, MA, USA : E. Elgar, ©1999.
Edition/Format:   Print book : EnglishView all editions and formats
Database:WorldCat
Summary:
Geoff Hodgson's innovative and important new book is about the future of economics as a viable discipline. It examines not only evolutionary economics but the development of economic theory during the twentieth century. The book reflects on the origins and consequences of the narrowing and increasing irrelevance of mainstream economics, suggesting that it will be inadequate to cope with the complex ideas of the new  Read more...
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Genre/Form: Aufsatzsammlung
Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Geoffrey Martin Hodgson
ISBN: 1858988136 9781858988139
OCLC Number: 40305674
Notes: Revised, updated, and synthesized essays originally drafted between 1991-1995.
Description: x, 345 pages ; 24 cm
Contents: Introduction: The century of lost opportunity --
False antagonisms and doomed reconciliations --
A case study: The fate of the Cambridge capital controversy --
Metaphor and pluralism in economics --
Biological metaphors in economics from the 1880s to the 1980s --
Meanings of evolutionary economics --
Richard Nelson and Sidney Winter --
Optimization and evolution: Winter's critique of Friedman revisited --
Transaction costs and the evolution of the firm --
The Coasean tangle: The nature of the firm and the problem of historical specificity --
Evolutionary and competence-based theories of the firm.
Responsibility: Geoffrey M. Hodgson.
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Abstract:

This work looks at the future of economics as a viable discipline. It examines evolutionary economics and the development of economic theory during the 20th century, reflecting also on the origins  Read more...

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