<title>Abstract</title> In their recent analysis of the alleged decay in modern economics, Ben Fine and Dimitris Milonakis claim to find its source and origin in the “marginal revolution” of the 1870s. They argue that this development led to “methodological individualism” and the detachment of...

<title>Abstract</title> This response shows that, in their reply to my critique of their work, Ben Fine and Dimitris Milonakis generally maintain the impression that there is a single, widely accepted definition of methodological individualism, but they do not identify it. They assert that social structures...

<title>Abstract</title>Marshall was the great synthesiser of neoclassical economics. Yet with his qualified assumption of self-interest, his emphasis on variation in economic evolution and his cautious attitude to the use of mathematics, Marshall differs fundamentally from other leading neoclassical...

Of paramount importance to the natural sciences, the principles of Darwinism, which involve variation, inheritance, and selection, are increasingly of interest to social scientists as well. But no one has provided a truly rigorous account of how the principles apply to the evolution of human...

Geoff Hodgson’s innovative and important new book is about the future of economics as a viable discipline. It examines not only evolutionary economics but the development of economic theory during the twentieth century. The book reflects on the origins and consequences of the narrowing and...

The Economics of Institutions is a collection of key essays in the field of both ‘new’ and ‘old’ institutional economics.

In the last two decades of the twentieth century evolutionary economics has become one of the most important and exciting developments in social science. It is associated with a huge theoretical, empirical and policy literature. Yet relatively little is known about the development of the...

This volume offers outstanding works of recent scholarship on Darwinism covering three major fields of enquiry: • How Darwinism affects our conception of human nature and challenges long-standing assumptions such as self-interested behaviour. • Analysis of the nature of socio-cultural...