Modern economies are constantly evolving. How is this transformation process caused? What are its characteristics? Where will it lead us? Ulrich Witt outlines an evolutionary way of thinking about these questions. He points out that while evolution in nature is adaptation to changing...

Technological Revolutions and Financial Capital presents a novel interpretation of the good and bad times in the economy, taking a long-term perspective and linking technology and finance in an original and convincing way.

Presenting the history of long wave analysis from its origins to the present day and stressing its intimate relationship with the development of business cycle theory, this acclaimed study offers a thorough critique of conventional long wave analysis.

Modern evolutionary economics is now nearly two decades old and in this excellent book, a distinguished group of evolutionary economists identify the most important developments and discuss the direction of future research. By moving away from traditional concerns with the operation of selection...

The notion and interpretation of path dependence have been discussed and utilized in various social sciences during the last two decades. This innovative book provides significant new insights onto how the different applications of path dependence have developed and evolved. The authors suggest...

Offering a diverse set of contributions to current social contracting research, The Social Institutions of Capitalism illustrates how social contracts necessarily underlie and facilitate all forms of capitalist production and exchange.

The combination of recent developments in theory with empirical studies will ensure that this book is essential reading for all those interested in evolutionary and institutional economics, political economy, technology policy, innovation and knowledge.