Evolutionary Economic Thought explores the theoretical roots of the evolutionary approach, and in so doing, demonstrates how it fits squarely into the theoretical mainstream. Focusing on the institutions of evolutionary change and the processes - such as competition - that generate change, this...

Introduction -- The Tradition of Economic Thought in the Mediterranean World from the Ancient Classical Times Through the Hellenistic Times until the Byzantine Times and Arab-Islamic World -- Mercantilism -- The Cameralists: Fertile Sources for a New Science of Public Finance -- The Physiocrats,...

Preliminaries -- Table of Contents; Introduction -- Theorie der wirtschaftlichen Entwicklung -- The Theory of Economic Development -- The Institutional Analysis of Entrepreneurship -- The Influence of Schumpeter's German Writings on the Mainstream Economic Literature in English -- Schumpeter and...

Hayek's theory of cultural evolution has always generated controversy. Interest in Hayek's theory, and others' analysis and criticism of it, has been rising of late. This volume urges a reconsideration of Hayeks' theory of evolution and aims to explore the relevance of Hayek's theory for its own...