The firms and markets of today's complex socio-economic system developed in a spontaneous process termed evolution, in just the same way as the universe, the solar system, the Earth and all that lives upon it. Darwin's theory of evolution clearly demonstrated that evolution involved increasing...

Charles Darwin was concerned that his entire theory of evolution by natural selection might be negated by a phenomenon prevalent in a variety of species including humans; namely altruism. If natural selection really favored the survival of the fittest, how could a strategy so irrational as to...