Evolutionary Economics

What is Evolutionary Economics

There is a school of thinking in economics known as evolutionary economics, which is influenced by the field of evolutionary biology. It regards economic growth as a process rather than an equilibrium and places an emphasis on change, innovation, complex interdependencies, self-evolving systems, and limited rationality as the drivers of economic evolution. Despite the fact that it is not defined by a clear set of principles and that it brings together a variety of methods, it treats economic development as a process. The support for the evolutionary approach to economics in recent decades appears to have initially originated as a criticism of the mainstream neoclassical economics. However, by the beginning of the 21st century, it had become a part of the economic mainstream itself for the first time.

How you will benefit

(I) Insights, and validations about the following topics:

Chapter 1: Evolutionary economics

Chapter 2: Neoclassical economics

Chapter 3: Thorstein Veblen

Chapter 4: Institutional economics

Chapter 5: Rational agent

Chapter 6: Sociocultural evolution

Chapter 7: Heterodox economics

Chapter 8: Donald T. Campbell

Chapter 9: Geoffrey Hodgson

Chapter 10: Cultural selection theory

Chapter 11: Giovanni Dosi

Chapter 12: European Association for Evolutionary Political Economy

Chapter 13: Schools of economic thought

Chapter 14: Institutionalist political economy

Chapter 15: Oded Galor

Chapter 16: Technology dynamics

Chapter 17: Universal Darwinism

Chapter 18: Non-equilibrium economics

Chapter 19: Ugo Pagano

Chapter 20: Edward J. Nell

Chapter 21: Cultural evolution

(II) Answering the public top questions about evolutionary economics.

(III) Real world examples for the usage of evolutionary economics in many fields.

(IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of evolutionary economics. (eBook only).

Who will benefit

Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of evolutionary economics.