Rethinking economics : markets, technology, and economic evolution /

Orthodox economics is now criticized for its limited applicability to real-world economic problems. New ideas in chaos theory, evolutionary modelling and institutional theory point to new, non-reductionist approaches. This work looks at core economic concepts in the light of these developments.

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Bibliographic Details
Corporate Author: European Association for Evolutionary Political Economy
Other Authors: Hodgson, Geoffrey Martin, 1946-, Screpanti, Ernesto, 1948-
Format: Book
Language:English
Published: Aldershot, Hants, England ; Brookfield, Vt., USA : E. Elgar : Distributed in the U.S. by Ashgate Pub. Co., ©1991.
Subjects:
Table of Contents:
  • Contributions to an institutional theory of price determination
  • Nature of the market : a structural analysis
  • Pertinent levels of analysis in industrial dynamics
  • Production flexibility
  • Reflections on the present state of evolutionary economic theory
  • Cultural difference and subjective rationality : where sociology connects with the economics of technological choice
  • How do national systems of innovation differ? : a critical analysis of Porter, Freeman, Lundvall and Nelson
  • Economic evolution, chaotic dynamics and the Marx-Keynes-Schumpeter system
  • Socio-political disruption and economic development.