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discusses three very old "cosmologies" in Western thought, how these play out in economic theory, and how evolutionary biology … can help evaluate their validity and policy relevance. These cosmologies, as manifested in economic theory are, (1 …
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In this paper, Hayek's theory of cultural evolution is compared to a simplified general macro-model of evolution based …'s theory. …
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This paper sheds new light on the concept of selection in evolutionary economics. The interpretation of natural evolution has experienced significant changes in the last decades, while these developments have been often ignored by economists. This is especially true for the concept of selection,...
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