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Persistent link: https://www.econbiz.de/10009219462
Recently the degree to which 'evolutionary economics' does or should involve Darwinian principles has come under debate. This essay builds on previous arguments that Darwinism has a potentially wide application to socioeconomic evolution, which does not involve biological reductionism. It is...
Persistent link: https://www.econbiz.de/10005496092
Instead of examining critical realism directly, this essay critically examines claims made by two prominent critical realists, namely Andrew Collier and Tony Lawson, on behalf of their philosophy. These are (a) that critical realism supports Marx's law of the tendency of the rate of profit to...
Persistent link: https://www.econbiz.de/10005496145
Economic development and growth are driven by the emergence of new technologies, new products and services, new institutions, new policies, and so on. Important though it is, the emergence of novelty is not well understood. Epistemological and methodological problems make it a difficult research...
Persistent link: https://www.econbiz.de/10009215308
How relevant is the notion of evolution for economics? In view of the paradigmatic influence of Darwinian thought, several recently advocated interpretations are discussed first which rely on Darwinian concepts. As an alternative, a notion of evolution is suggested that is based on a few,...
Persistent link: https://www.econbiz.de/10005462919
Advocacy of 'methodological individualism' is widespread, especially among economists. However, the term is rarely defined with adequate precision and some crucial ambiguities are explored in this article. Among these is the commonplace ambivalence over whether explanations should be in terms of...
Persistent link: https://www.econbiz.de/10005496160