Showing 1 - 8 of 8
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
The recent debate about the value of Darwinism as a source of ontological foundations for evolutionary economics reduces to a disagreement about whether or not the causal logic of Darwinism applies to economic evolution. However, this logic has not yet been fully specified. While the explanantia...
Persistent link: https://www.econbiz.de/10005496093
Although it is laudable that evolutionary economists have a greater concern for ontological issues than many of their … brethren, considerations concerning ontology cannot play a decisive role in adjudicating theoretical disputes. Attempts to … formulate an appropriate ontology for evolutionary economics, different from the one prevailing in standard economic theory, are …
Persistent link: https://www.econbiz.de/10005496126
The renaissance in evolutionary economics in the past two decades has brought with it a great deal of theoretical development and interdisciplinary import. Much of this has been useful, but not all of it has been commensurate. In this paper, we make the case for the limits to theoretical...
Persistent link: https://www.econbiz.de/10005496138
There has been considerable discussion lately of the concept of open systems, which has revealed that different participants are using the terms 'openness' and 'closure' in different ways. The purpose of this paper is to address issues of meaning that arise in this particular discourse, with a...
Persistent link: https://www.econbiz.de/10005462931
. Reconciling a holistic ontology with a reductionist policy prescription requires the intercalation of a black box, such as an …
Persistent link: https://www.econbiz.de/10005463002
The particular use made of the terms 'open and closed systems' by proponents of critical realism has generated some critical commentary in recent years. In this paper it is shown how debates about open and closed systems provide a perspective from which to address certain fundamental questions...
Persistent link: https://www.econbiz.de/10005282254
This paper investigates the topic of personal identity in standard neoclassical theory. It looks first at the traditional utility theory of maximizing consumers and then at the extension of that analysis in the time-allocation-household-production model to see how relatively settled ontological...
Persistent link: https://www.econbiz.de/10005282275