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The purpose of this article is to analyse the way economists interested in social and economic evolution cite, mention or refer to Darwin. We focus on the attitude of economists towards Darwin's theory of social evolution - an issue he considered as central to his theory. We show that economists...
Persistent link: https://www.econbiz.de/10010266698
According to the advocates of a "Generalized Darwinism" (GD), the three core Darwinian principles of variation, selection and retention (or inheritance) can be used as a general framework for the development of theories explaining evolutionary processes in the socioƯeconomic domain. Even though...
Persistent link: https://www.econbiz.de/10003889718
The paper questions the idea that a biology-based perspective, and more specifically Darwinian population thinking, constitutes a real alternative for the study of the evolution of social systems. This is done through a critical appraisal of the work of Thorstein Veblen. Even though Veblen's...
Persistent link: https://www.econbiz.de/10013150395
Recent debates in evolutionary economics over Universal Darwinism suffer from a biased emphasis on Neo-Darwinism. This paper argues in favour of Holistic Darwinism as a reference for methodological transfers. I survey major biological advances in evolutionary theory which challenge the...
Persistent link: https://www.econbiz.de/10012729247
Since biology is the study of living organisms, their behaviour and social systems, and since humans are living organisms, it is possible to suggest that social sciences (the study of human behaviour and social systems) are branches of biology and all social scientific theories should be...
Persistent link: https://www.econbiz.de/10012762180
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,...
Persistent link: https://www.econbiz.de/10009736801
Veblen (1898) presented a vision of an evolutionary economics to study the process of economic development in terms of individual action and cumulative causation. In this paper I engage with the recent methodological debate on the potential contribution of Darwinism to such an evolutionary...
Persistent link: https://www.econbiz.de/10014198364
How effective institutions come about and how they change are fundamental questions for economics and social science more generally. We show that these questions were central in the deliberations of lawyers in 17th century England, a critical historical juncture that has motivated important...
Persistent link: https://www.econbiz.de/10014133038
The purpose of this article is to analyse the way economists interested in social and economic evolution cite, mention or refer to Darwin. We focus on the attitude of economists towards Darwin's theory of social evolution - an issue he considered as central to his theory. We show that economists...
Persistent link: https://www.econbiz.de/10014066641
The paper offers a proof that expected utility maximisation with logarithmic utility is a dominant preference in the biological selection process in the sense that a population following any other preference for decision-making under risk will, with a probability that approaches certainty,...
Persistent link: https://www.econbiz.de/10011541191