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The POLITICAL ECONOMY OF DIVERSITY - Evolutionary Perspectives on Economic Order and Disorder (Hardcover, illustrated edition)
Loot Price: R3,703
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The POLITICAL ECONOMY OF DIVERSITY - Evolutionary Perspectives on Economic Order and Disorder (Hardcover, illustrated edition)
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This important volume of original essays by a distinguished group
of scholars from the evolutionary, institutional and socio-economic
schools makes a major contribution to the reconstruction of
political economy as an evolutionary science. The book explores the
consequences of adopting a broader approach to economics taking
into account issues such as historical time and change,
individual-institutional interaction, uncertainty and procedural
rationality. This carefully edited selection of papers focuses on
four themes: theoretical foundations, policy making, empirical
enquiry and modelling. A political economy of diversity is
advocated by the contributors with analytical specificity and
originality applied to a series of topics including industrial and
market restructuring, technological change, ecological
sustainability, development, monetary aggregates and governmental
policy making. By recognising the importance of accepting diversity
and complexity when applying economic analysis, this unique and
provocative volume makes a seminal contribution at the frontiers of
economic theory and identifies a common theme in non-orthodox
scholarship.
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