This paper argues that history of economics has a fruitful, underappreciated role to play in the development of … economics, especially when understood as a policy science. This goes against the grain of the last half century during which … economics, which has undergone a formal revolution, has distanced itself from its ‘literary' past and practices precisely with …

This paper reconsiders the explanation of economic policy from an evolutionary economics perspective. It contrasts the …-equilibrium evolutionary economics when economic policy issues are examined. This is more than surprising, since proponents of evolutionary … economics usually view their approach as incompatible with its neoclassical counterpart. In addition, it is shown that this …