There has been a remarkable growth in evolutionary economics since the 1980s. But despite this outward success there has been inner disagreement on fundamental issues including the building blocks of evolutionary theory and the very meaning of "evolution" itself. This essay provides a...

The intellectual histories of economics and evolutionary biology are closely intertwined because both subjects deal with living, complex, evolving systems. Because the subject matter is similar, contemporary evolutionary thought has much to offer to economics. In recent decades theoretical...

This reader gathers together contributions from authors in the field of institutional and evolutionary economics. The emphasis is on key concepts such as learning, trust power, pricing and markets, with essays devoted to methodology and others to the comparison of different forms of capitalism