Evolution and Institutions

Released on by Geoffrey Martin Hodgson
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  • Evolution and Institutions Book Detail

  • Author : Geoffrey Martin Hodgson
  • Release Date : 1999
  • Publisher : Edward Elgar Publishing
  • Genre : Business & Economics
  • Pages : 368
  • ISBN 13 :
  • File Size : 49,49 MB
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Evolution and Institutions by Geoffrey Martin Hodgson PDF Summary

Book Description: Considers the future of economics as a viable discipline. Along with evolutionary economics, examines the development of economic theory during the 20th century, highlighting the origins and consequences of the field's narrowing and its increasing irrelevance, and suggesting that it will be inadequate to cope with the complex ideas on the horizon. Analyzes some of the attempts to redirect theoretical economics to real world issues, then proposes a move away from mathematical formalization, greater tolerance for different approaches, and learning from biology and other sciences. Annotation copyrighted by Book News, Inc., Portland, OR

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