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Modern Evolutionary Economics - An Overview (Paperback)
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Modern Evolutionary Economics - An Overview (Paperback)
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Evolutionary economics sees the economy as always in motion with
change being driven largely by continuing innovation. This approach
to economics, heavily influenced by the work of Joseph Schumpeter,
saw a revival as an alternative way of thinking about economic
advancement as a result of Richard Nelson and Sidney Winter's
seminal book, An Evolutionary Theory of Economic Change, first
published in 1982. In this long-awaited follow-up, Nelson is joined
by leading figures in the field of evolutionary economics,
reviewing in detail how this perspective has been manifest in
various areas of economic inquiry where evolutionary economists
have been active. Providing the perfect overview for interested
economists and social scientists, readers will learn how in each of
the diverse fields featured, evolutionary economics has enabled an
improved understanding of how and why economic progress occurs.
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