The first book to chart the development of the field of evolutionary economics, this book provides an integrated generic framework to define the rules of an economic system; how they are coordinated and the causes and consequences of their change. Packed with pedagogical features including essay and tutorial questions, case studies and an extensive bibliography, this book: proposes a new analytic framework for the study of the nature and causes of long run economic growth and development in market systems analyzes the foundations of the neoclassical tradition, before developing a thesis through micro, meso and macro domains drawing conclusions as to what can be learned from the point of view of policy analysis focuses on an open-systems analytical framework and successfully formulates and refines the analytical foundations of a new general theory of economic evolution. This volume is essential reading for scholars and students of economic evolution and as well as for anyone who seeks to better understand the complex evolutionary nature of the structure and dynamics of the knowledge-based economy in today’s society.
This book makes the bold attempt at proposing a new general theory of economic development.
Regarded widely as the cornerstone of Keynesian thought, this book challenged the established classical economics and introduced new concepts. ‘The General Theory of Employment, Interest, and Money’ transformed economics and changed the ...
Comprehensive and authoritative, this book, written by a recognized authority on the subject explores the contributions to modern economics by John Maynard Keynes and addresses neglected, yet crucial aspects of the genesis of Keynesian ...
This truly interdisciplinary book successfully develops a general theory of competition which is rich in explanatory breadth and depth.
This book is devoted to the lasting impact of The General Theory (and Keynes’s thought) on macroeconomic theory, methodology and its relevance for understanding the post-crisis challenges of the 21st Century.
... 74-76 , 84n - 85n mization , 126-128 ; innovation and , Property rights , 363 128-134 ; genetic metaphor of , 134Publicness , 366 , 367-369 136 , 160-161 ; set of feasible , search and , 155-157 Quandt , R. E. , 24n Russell , W. R. ...
Part one of this work outlines the general theory of the fundamental dynamics that shape the world around us. Part two goes on to review the evolution of matter in...
Fleshing out Keynes’s intuition that the problem is not the warts on the body of capitalism but capitalism itself, Raising Keynes provides the foundation for a twenty-first-century macroeconomics that can both respond to crises and guide ...
This book reviews the applications of these approaches in various subdisciplines of economics and draws upon past economic thinkers to develop an integrated view of economics as a whole from the perspective of inherent discontinuity.
'...among the glories of modern publishing...edited with exemplary authority and lack of fuss...' - London Review of Books This definitive edition contains all Keynes's published writings, including less accessible articles...