An Evolutionary Theory Of Economic Change

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium,

Books about Поклик пращурів

Presents the evolutionary perspective of the economy as perpetually moving, driven by innovation, and the empirical research this has guided.

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Books about Choice

Books about Recent Evolutionary Theorizing about Economic Change

Books about Toward an Evolutionary Theory of Economic Capabilities

Presents an overview of principal characteristics of the modern evolutionary approach to economics and offers insight into the ideas of some of its important representatives and fields of application. Begins with a concise history of evolutionary economics, then discusses its relationship with neoclassical economics, arguing that the two approaches are

This collection shows the prospects for evolutionary economics, along with its problems. Both the strengths and limitations of Veblen's ideas are clarified. Specific areas examined include the firm, the role and limitations of knowledge, and capitalism.

Books about Problems of Economic Transition