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Knowledge, institutions and evolution in economics

Опубликовано на портале: 14-10-2003
London, New York: Routledge, 1999, cерия "The Graz Schumpeter lectures", 168 с.
This volume explores how the limitations of human knowledge create opportunities as well as problems in the modern economy and how the biological foundations of human cognition help us understand both the role of institutions and the nature of capabilities or performance skills.

The growing 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. These are:
  • Evolution - the impact on the economy of natural change over time
  • Institutions - the impact on the economy of government and/or company policy, rules and regulations
  • Knowledge - the impact on the economy that is felt when new information becomes available

    Knowledge, Institutions and Evolution in Economics is a punchy overview of these topics and one that has become regarded as something of a modern classic that no serious social sciences academic or student should be without.
    This book at Routledge





  1. The problem of knowledge
  2. Selection and evolution
  3. Cognition and institutions
  4. Capabilities
  5. Transactions and governance
  6. Economic organisation
  7. Understanding markets
  8. 8The division of labour and the growth of knowledge0


    Name index

    Subject index