In this paper I pose an old fashioned question, "Why do capitalist economies evolve in the way that they do?" The answer will lie, on the one hand, in the nature of human curiosity and the corresponding growth of knowledge and, on the other hand, in the particular instituted rules of the game...

Growth dynamics and structural change are the two central features of variation / selection processes within populations. This paper explores them in terms of three themes, or sets of accounts, namely Logistic Growth Accounting, Competition Accounting and the Price Theorem. The accounting...

There has been increasing interest and debate in recent years on the instituted nature of economic processes in general and the related ideas of the market, in particular the competitive process. This debate lies at the interface between two largely independent disciplines, economics and...