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The purpose of this paper is to contribute to recent efforts to ground evolutionary theory in economics in the principles of Universal Darwinism. The paper will contrast two views of evolution, based on the Ultra-Darwinian and Naturalist theory of biological evolution, both of which are...
Persistent link: https://www.econbiz.de/10014094313
This paper compares and contrasts two schools of political economy: the Austrian School, prominent members of which include Friedrich Hayek and Ludwig von Mises; and the Bloomington School, which was founded by Elinor and Vincent Ostrom. It is argued that the two traditions share a good deal in...
Persistent link: https://www.econbiz.de/10012953094
This article serves as an introduction to the special issue of this Journal on the topic of emergence in economics. After providing a brief explanation of what ‘emergence' actually is, the article then examines how the concept is used by exponents of various schools of thought in contemporary...
Persistent link: https://www.econbiz.de/10013016968
A characteristic feature of economic development is the ever changing structure of consumption patterns. Reducing the explanation of this phenomenon to changing prices, finally caused by changes in the availability of goods (or characteristics), would neglect a major force driving this change,...
Persistent link: https://www.econbiz.de/10010266740
A characteristic feature of economic development is the ever changing structure of consumption patterns. Reducing the explanation of this phenomenon to changing prices, finally caused by changes in the availability of goods (or characteristics), would neglect a major force driving this change,...
Persistent link: https://www.econbiz.de/10003147507
A characteristic feature of economic development is the ever changing structure of consumption patterns. Reducing the explanation of this phenomenon to changing prices, finally caused by changes in the availability of goods (or characteristics), would neglect a major force driving this change,...
Persistent link: https://www.econbiz.de/10005247902
The main aim of this paper is to introduce the network averaging technique. This technique is introduced because accurately determining the structure of real networks can be difficult and the network averaging technique provides a proxy for real networks. A second aim is to introduce the...
Persistent link: https://www.econbiz.de/10011257744
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...
Persistent link: https://www.econbiz.de/10012866139
Ludwig von Mises hat Zeit seines Lebens die intellektuelle Auseinandersetzung mit antiliberalen und antikapitalistischen Ressentiments gesucht. Der vorliegende Beitrag greift die bereits durch Mises gestellte Frage nach möglichen Gründen für die antikapitalistischen Ressentiments der...
Persistent link: https://www.econbiz.de/10011733782
Ludwig von Mises hat Zeit seines Lebens die intellektuelle Auseinandersetzung mitantiliberalen und antikapitalistischen Ressentiments gesucht. Der vorliegende Beitraggreift die bereits durch Mises gestellte Frage nach möglichen Gründen für dieantikapitalistischen Ressentiments der...
Persistent link: https://www.econbiz.de/10005870660