Hodgson, Geoffrey M.
Evolutionary Economics: Its Nature and Future (Elements in Evolutionary Economics)
- ISBN 13:
- 9781108738002
- author:
- Hodgson, Geoffrey M.
- format:
- Paperback
- publisher:
- Cambridge University Press
- language:
- English
- Publication Year:
- 2019
- Pages:
- 75
- Dimensions:
- 22.9 x 15.2 x 0.3 centimetres (0
- Genre:
- Business, Economics, General,
- Condition:
- New
- Availability:
- Item usually sent within 5 working days
Description
Evolutionary Economics: Its Nature and Future by Geoffrey M. Hodgson explores the development of evolutionary economics as a research theme since 1980. This Element examines its core ideas, including complexity, economic dynamics, and bounded rationality, and compares them to those of mainstream economics. The book discusses how evolutionary economics has inspired research in business studies and social science, but notes that these areas have become specialized and fragmented. Hodgson also explores the potential for a unifying framework, such as generalized Darwinism, to promote greater conversation across fields. A key challenge facing evolutionary economics is establishing a single disciplinary location within academia, having migrated from departments of economics to other fields. This Element provides insight into the current state of evolutionary economics and its future directions.