It is widely recognised that mainstream economics has failed to
translate micro consistently into macro economics and to provide
endogenous explanations for the continual changes in the economic
system. Since the early 1980s, a growing number of economists have
been trying to provide answers to these two key questions by
applying an evolutionary approach. This new departure has yielded a
rich literature with enormous variety, but the unifying principles
connecting the various ideas and views presented are, as yet, not
apparent. This 2005 volume brings together fifteen original
articles from scholars - each of whom has made a significant
contribution to the field - in their common effort to reconstruct
economics as an evolutionary science. Using meso economics as an
analytical entity to bridge micro and macro economics as well as
static and dynamic realms, a unified economic theory emerges.
General
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