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...

The intellectual histories of economics and evolutionary biology are closely intertwined because both subjects deal with living, complex, evolving systems. Because the subject matter is similar, contemporary evolutionary thought has much to offer to economics. In recent decades theoretical...

This article proposes to reassess Hayek's theory of cultural evolution in the light of Darwin's Descent of Man. It is shown that Hayek and Darwin refers to the same theory of human nature which is borrowed from the founding fathers of political economy, Hume and Smith. Their respective...