Rethinking Economics is a major contribution to the reconstruction of an economic theory appropriate to the 21st century. Just as major changes are occurring in the world economy, economics itself is on the brink of change. Orthodox economics is now widely criticized for its sterility and its...

In arguably his most important book to date, Hodgson calls into question the tendency of economic method to try and explain all economic phenomena by using the same catch-all theories and dealing in universal truths. He argues that you need different theories to analyze different economic...

Introduction -- Marxism, Darwinism, institutionalism -- Darwin and Marx at the crossroads -- Social Darwinism in anglophone academic journals -- Institutionalism versus Marxism : a debate with Alex Callinicos -- Three essays on critical realism -- The uncritical political affinities of critical...

J.W. Stoelhorst (2007), 'The Naturalist View of Universal Darwinism: An Application to the Evolutionary Theory of the Firm', in Geoffrey Hodgson (ed) (ed.), The Evolution of Economic Institutions: A Critical Reader, Chapter 13, Cheltenham, UK and Northampton, MA: Edward Elgar, 233-51 -- Geoffrey...