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evolutionary theory of the process of cultural development that unfolds in response to changing material and social conditions …
Persistent link: https://www.econbiz.de/10012907869
How effective institutions come about and how they change are fundamental questions for economics and social science more generally. We show that these questions were central in the deliberations of lawyers in 17th century England, a critical historical juncture that has motivated important...
Persistent link: https://www.econbiz.de/10014133038
methodology, the history of economic thought and social theory more broadly. Hodgson's reputation as a prolific and important …
Persistent link: https://www.econbiz.de/10012866139
For non-economists, it is often difficult to understand why economists place so much emphasis on the self-interest motive. It is obvious that people act out of a variety of motives - gratitude, anger, social obligation and many, many other motives. There are several reasons why economists still...
Persistent link: https://www.econbiz.de/10012425266
There are several ways to incorporate evolutionary concepts into economic thinking. This article reviews the most important transfers of this kind into evolutionary economics. It broadly differentiates between approaches that draw on an analogy construction to the biological sphere, those that...
Persistent link: https://www.econbiz.de/10010436762
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This paper clarifies a common misrepresentation of our theory of capital as power, or CasP. Many observers tend to box … CasP as an "institutionalist" theory, tracing its central process of "differential accumulation" to Thorstein Veblen … not Veblenians and certainly not institutionalists: Veblen's theory was evolutionary, while CasP is deeply dialectical …
Persistent link: https://www.econbiz.de/10011962099
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