Economics Evolving

Author by : Agnar Sandmo
Languange : en
Publisher by : Princeton University Press
Format Available : PDF, ePub, Mobi
Total Read : 71
Total Download : 626
File Size : 40,6 Mb
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Description : This book describes the history of economic thought, focusing on the development of economic theory from Adam Smith's 'Wealth of Nations' to the late twentieth century. The text concentrates on the most important figures in the history of the economics. The book examines how important economists have reflected on the sometimes conflicting goals of efficient resource use and socially acceptable income distribution.--[book cover].


Evolving Economics

Author by : Joseph P. Firmage
Languange : en
Publisher by : Xlibris Corporation
Format Available : PDF, ePub, Mobi
Total Read : 50
Total Download : 846
File Size : 52,6 Mb
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Description : Evolving Economics is an equally broad historical study of the emergence of neoliberal capitalism in the 20th century; it explores the crises of capitalism and culminates with a 100-year vision of the economy of a more sustainable, egalitarian, and libertarian civilization, one compatible with transformative possibilities glimpsed in Revolutions in Physics.


Evolving Economics

Author by : Joe Firmage
Languange : en
Publisher by : Xlibris Corporation
Format Available : PDF, ePub, Mobi
Total Read : 83
Total Download : 325
File Size : 42,8 Mb
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Description : Evolving Economics is an equally broad historical study of the emergence of neoliberal capitalism in the 20th century; it explores the crises of capitalism and culminates with a 100-year vision of the economy of a more sustainable, egalitarian, and libertarian civilization, one compatible with transformative possibilities glimpsed in Revolutions in Physics.


Evolving Technology And Market Structure

Author by : Arnold Heertje
Languange : en
Publisher by : University of Michigan Press
Format Available : PDF, ePub, Mobi
Total Read : 30
Total Download : 629
File Size : 46,6 Mb
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Description : A detailed analysis of Schumpeter's legacy and the impact of his thought on both theory and empirical work


Evolving Norms

Author by : Shinji Teraji
Languange : en
Publisher by : Springer
Format Available : PDF, ePub, Mobi
Total Read : 41
Total Download : 454
File Size : 41,6 Mb
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Description : This book presents institutional evolution and individual choice as codependent results of behavioral patterns. Drawing on F.A. Hayek's concepts of cognition and cultural evolution, Teraji demonstrates how the relationship between the sensory and social orders can allow economists to track social norms and their effects on the global economy. He redirects attention from the conventional focus on what an individual chooses to the changing social order that determines how an individual chooses. Cultural shifts provide the environmental feedback that challenges the mental models governing individual choice, creating a cycle of coevolution. Teraji develops a general framework from which to examine this symbiotic relationship in order to identify predictive patterns. Not just for behavioral economists, this book will also appeal to those who specialize in institutional economics, the philosophy of economics, and economic sociology.


Revisiting Ecuador S Economic And Social Agenda In An Evolving Landscape

Author by : Vicente Fretes Cibils
Languange : en
Publisher by : World Bank Publications
Format Available : PDF, ePub, Mobi
Total Read : 63
Total Download : 615
File Size : 40,7 Mb
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Description : Ecuadorian society has overcome adversity with great determination over the past few years. Periodic economic crises, external shocks, and even natural disasters tested the country's ability to cope with difficulties. Despite these challenges, the country has maintained a forward looking perspective and has achieved some important goals. Economic stability in the last few years has ushered in a period of sustained economic growth. During this period several development indicators have improved, and several sectors of the economy have demonstrated the dynamism and entrepreneurship that is present in the Ecuadorian culture. Revisiting Ecuador's Economic and Social Agenda in an Evolving Landscape aims to provoke a lively discussion between the World Bank, the new Correa administration, and the entire country, in addressing the unresolved issues that require a thoughtful approach.


Economics Evolution And The State

Author by : Kurt Dopfer
Languange : en
Publisher by : Edward Elgar Publishing
Format Available : PDF, ePub, Mobi
Total Read : 35
Total Download : 175
File Size : 45,9 Mb
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Description : This book focuses on the emerging field of evolutionary economic policy, highlighting the interface between the state, markets, and the evolutionary complexity of modern economies. The contributors explore the possibilities and limitations of governance, and provide a unique platform for the advancement of modern evolutionary economic theory.


Creative Industries And Economic Evolution

Author by : Jason Potts
Languange : en
Publisher by : Edward Elgar Publishing
Format Available : PDF, ePub, Mobi
Total Read : 12
Total Download : 733
File Size : 43,6 Mb
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Description : This insightful book offers a new way of looking at the arts, culture and the creative industries from the perspective of evolutionary economics. The creative industries are key drivers of modern economies. While economic analysis has traditionally advanced a market-failure model of arts and culture, this book argues for an evolutionary market dynamics or innovation-based approach. Jason Potts explores theoretical and conceptual aspects of an evolutionary economic approach to the study of the creative economy. Topics include creative businesses and labour markets, social networks, innovation processes and systems, institutions, and the role of creative industries in market dynamics and economic growth.


The Foundations Of Evolutionary Institutional Economics

Author by : Manuel Scholz-Wäckerle
Languange : en
Publisher by : Routledge
Format Available : PDF, ePub, Mobi
Total Read : 56
Total Download : 626
File Size : 52,7 Mb
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Description : Generic institutionalism offers a new perspective on institutional economic change within an evolutionary framework. The institutional landscape shapes the social fabric and economic organization in manifold ways. The book elaborates on the ubiquity of such institutional forms with regards to their emergence, durability and exit in social agency-structure relations. Thereby institutions are considered as social learning environments changing the knowledge base of the economy along generic rule-sets in non-nomological ways from within. Specific attention is given to a theoretical structuring of the topic in ontology, heuristics and methodology. Part I introduces a generic naturalistic ontology by comparing prevalent ontological claims in evolutionary economics and preparing them for a broader pluralist and interdisciplinary discourse. Part II reconsiders these ontological claims and confronts it with prevalent heuristics, conceptualizations and projections of institutional change. In this respect the book revisits the institutional economic thought of Thorstein Veblen, Friedrich August von Hayek, Joseph Alois Schumpeter and Pierre Bourdieu. A synthesis is suggested in an application of the generic rule-based approach. Part III discusses the implementation of rule-based bottom-up models of institutional change and provides a basic prototype agent-based computational simulation. The evolution of power relations plays an important role in the programming of real-life communication networks. This notion characterizes the discussed policy realms (Part IV) of ecological and financial sustainability as tremendously complex areas of institutional change in political economy, leading to the concluding topic of democracy in practice. The novelty of this approach is given by its modular theoretical structure. It turns out that institutional change is carried substantially by affective social orders in contrast to rational orders as communicated in orthodox economic realms. The characteristics of affective orders are derived theoretically from intersections between ontology and heuristics, where interdependencies between instinct, cognition, rationality, reason, social practice, habit, routine or disposition are essential for the embodiment of knowledge. This kind of research indicates new generic directions to study social learning in particular and institutional evolution in general.


Economic Evolution And Equilibrium

Author by : Marco Lehmann-Waffenschmidt
Languange : en
Publisher by : Springer Science & Business Media
Format Available : PDF, ePub, Mobi
Total Read : 25
Total Download : 970
File Size : 41,5 Mb
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Description : theory,whichformalizesa dynamiceconomicsystemasa systemofdi?erence, or di?erential, equations. There equilibria mean ‘equilibrium trajectories’ of the whole evolution that, in a certain sense, are optimal. A particularly un- tisfactory feature of this conceptualization of an equilibrium, however, is the factthattheintertemporaloptimizingapproachcompletelypredeterminesthe whole future of the economic system. This “closed loop” approach gives rise to the common reproach that economic theory is predominantly concerned with the question of ‘how the economic system ought to behave’ rather than with the question of ‘how does it behave actually’. This is the point at which the new branch of evolutionary economics has made its entrance. In contrast to growth or business cycle theory, evolutionary economics perceives the evolution of the economic system as essentially “open” to true novelties that are unforeseeable by their very nature. This view clearly makes obsolete any conception of equilibrium that resorts to the idea of a ?nal state of rest, or to the idea of an intertemporally optimizing trajectory which is prespeci?ed ab initio by a system of di?erential equations and initial con- tions. To be sure, there have been attempts to reconceptualize the notion of equilibrium from the evolutionary viewpoint. However, these proposals also appear, in one way or another, to hinge on the ideas of rest. This parti- larly applies to the branch of nonlinear dynamics and deterministic chaotic motion.