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9780472084234: Economics and Evolution: Bringing Life Back into Economics

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Economic theory is currently at a crossroads, where many leading mainstream economists are calling for a more realistic and practical orientation for economic science. Indeed, many are suggesting that economics should be reconstructed on evolutionary lines.
This book is about the application to economics of evolutionary ideas from biology. It is not about selfish genes or determination of our behavior by genetic code. The idea that evolution supports a laissez-faire policy is rebutted. The conception of evolution as progress toward greater perfection, along with the competitive individualism sometimes inferred from the notion of the "survival of the fittest," is found to be problematic. Hodgson explores the ambiguities inherent in biology and the problems involved in applying ideas of past economic thinkers--including Malthus, Smith, Marx, Marshall, Veblen, Schumpeter, and Hayek--and argues that the new evolutionary economics can learn much from the many differing conceptions of economic evolution.
"This is a work of enormous perceptivity and subtlety as well as judiciousness of interpretation and critique . . . [that] establish[es] Hodgson as the leading institutional theorist, and as one of the leading evolutionary theorists, of his generation." --Warren J. Samuels
"A daring and successful attempt to expunge the monopoly of reductionist and mechanistic thinking over evolutionary theory . . . a must for anyone who is interested not only in the foundations of economics, but also in the foundations of social theory." --Elias L. Khalil, Ohio State University
Geoffrey M. Hodgson is University Lecturer in Economics, Judge Institute for Management Studies, University of Cambridge.

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Hodgson, Geoffrey
ISBN 10: 0472084232 ISBN 13: 9780472084234
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Soft cover. Condizione: Good. WHY BUY from book sellers who fail to accurately describe the ACTUAL condition of the book you're considering purchasing? THIS is a good condition soft cover. The spine is straight and square, binding tight, corners undamaged, and is INTERNALLY CLEAN and NOT marked. 381 pages. QUOTED in part from the back cover: "Economic theory is currently at a crossroads where many leading mainstream economists are calling for a more realistic and practical orientation for economic science. Indeed, many are suggesting that economics should be reconstructed on evolutionary lines. This book is about the application to economics of evolutionary ideas from biology. It is not about selfish genes or determination of our behavior by genetic code. The idea that evolution supports a laissez-faire policy is rebutted. The conception of evolution as progress toward greater perfection, along with the competitive individualism sometimes inferred from the notion of the 'survival of the fittest,' are found to be problematic. Hodgson explores the ambiguities inherent in biology and the problems involved in applying ideas of past economic thinkers - including Malthus, Smith, Marx, Marshall, Veblen, Schumpeter, and Hayek - and argues that the new evolutionary economics can learn much from the many differing conceptions of economic evolution." SHIPS from Eugene, OR, USA. INTERNATIONAL orders may require additional postage, always at prevailing USPS rates. Location: FV. Codice articolo ABE-60828252905097986

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ISBN 10: 0472084232 ISBN 13: 9780472084234
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paperback. Condizione: Acceptable. Connecting readers with great books since 1972. Used textbooks may not include companion materials such as access codes, etc. May have condition issues including wear and notes/highlighting. We ship orders daily and Customer Service is our top priority! Codice articolo S_446846079

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Soft cover. Condizione: Very Good. 2nd Printing. 382 page softcover with large bibliography at rear. A title in the Economics, Cognition, and Society series. No flaws - unmarked, tight and clean. Codice articolo 529901

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