This paper uses Alfred Marshall’s treatment of wants and activities and Francis Edgeworth’s treatment of utilitarian redistribution to re-examine what since the 19th century has been described as “the social question.” This comparative examination is prefaced by a distinction between...

The focus of evolutionary economics is a process of continuous economic and organizational change. Currently there is no agreement on the explanation of economic evolution. Rather there are competing interpretations. To achieve a common understanding of economic evolution, from the perspective...

Diversification is a fundamental concept in economics, decision theory and finance. It also lies at the core of the Darwinian evolution argument, and diversifying behavior known as bet-hedging has been widely documented in other species. The central premise of this paper is that attitudes...

This article is the introductory chapter to a festschrift in honour of Geoff Hodgson. In work spanning four decades, Geoff Hodgson has made many path-breaking contributions to institutional economics, evolutionary economics, economic methodology, the history of economic thought and social theory...

The purpose of this article is to analyse the way economists interested in social and economic evolution cite, mention or refer to Darwin. We focus on the attitude of economists towards Darwin's theory of social evolution - an issue he considered as central to his theory. We show that economists...

How effective institutions come about and how they change are fundamental questions for economics and social science more generally. We show that these questions were central in the deliberations of lawyers in 17th century England, a critical historical juncture that has motivated important...

The paper questions the idea that a biology-based perspective, and more specifically Darwinian population thinking, constitutes a real alternative for the study of the evolution of social systems. This is done through a critical appraisal of the work of Thorstein Veblen. Even though Veblen's...

Our focus in this paper is on a somewhat curious feature of evolutionary economic geography, namely that although concerned with evolution - with processes of historical change and transformation - evolutionary economic geography seems not to take history as seriously as it would be expected to...