The general theory of economic evolution /

The general theory of economic evolution /

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Bibliographic Details
Author / Creator:Dopfer, Kurt.
Imprint:London ; New York : Routledge, 2008.
Description:xv, 134 p. ; 25 cm.
Language:English
Subject:
Evolutionary economics.
Economic development.
Macroeconomics.
Neoclassical school of economics.
Economic development.
Evolutionary economics.
Macroeconomics.
Neoclassical school of economics.
Format: E-Resource Print Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/6659532
Hidden Bibliographic Details
Other authors / contributors:Potts, Jason, 1972-
ISBN:9780415279420
0415279429
9780415279437 (pbk.)
0415279437 (pbk.)
9780203507407 (ebk.)
9780203507401 (ebk.)
0203507401 (ebk.)
Notes:Includes bibliographical references (p. [117]-131) and index.
Summary:"The burgeoning field of evolutionary economics has developed as a result of the traditional failure of the discipline to explain certain phenomena that impact greatly on the economy: evolution, institutions, knowledge and technology." "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. It starts out by analyzing 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. Dopfer and Potts focus on an open-systems analytical framework and successfully formulate and refine the analytical foundations of a new general theory of economic evolution." "The book is unique in that its general theory of economic evolution is intended as an integrated generic framework to define the rules of an economic system, how they are coordinated, and the causes and consequences of their change. It is essential reading for scholars and students of economic evolution and is also broadly intended for anyone who might seek to better understand the complex evolutionary nature of the structure and dynamics of the knowledge-based economy in todays society."--BOOK JACKET.
Table of Contents:
  • 1. Analytic Foundations of Evolutionary Economics
  • 1.1. Mechanism and Evolution
  • 1.2. The Three Axioms of Evolutionary Realism
  • 1.3. Evolution in Mind
  • 1.4. Analytical Foundations
  • 1.5. Conclusion
  • 2. Micro Meso Macro Analysis
  • 1. Analysis of the Economy as a Whole
  • 2. Classical, Neoclassical and Evolutionary Analysis
  • 3. The Methodology of Micro Meso Macro
  • 4. The Complexity of Micro Meso Macro
  • 5. Conclusion
  • 3. Generic Micro Analysis
  • 1. Introduction
  • 2. The Micro Unit
  • 3. The Generic Micro Trajectory
  • 4. Conclusion
  • 4. Meso Analysis
  • 4.1. Introduction
  • 4.2. A Three-Phase Meso Trajectory
  • 4.3. Aspects of Meso Analysis
  • 4.4. Micro Strategy over a Meso Trajectory
  • 4.5. Conclusion
  • 5. Macro Coördination
  • 5.1. Introduction
  • 5.2. Macro Coördination
  • 5.3. Coördination over a Macro Trajectory
  • 5.4. Coördination Failure over a Macro Trajectory
  • 5.5. The Co-Evolution of Multiple Meso Trajectories as Clusters
  • 5.6. Conclusion
  • 6. Macro Dynamics, Growth and Development
  • 6.1. Introduction
  • 6.2. Regimes and Regime Transitions
  • 6.3. Macro Coördination, Evolution and Self-Organization
  • 6.4. Conclusion
  • 7. Generic Policy
  • 7.1. Introduction
  • 7.2. Generic and Operational Policy
  • 7.3. Three Orders of Policy
  • 7.4. Conclusion

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