Economics in the Shadows of Darwin and Marx

Economics in the Shadows of Darwin and Marx PDF Author: Geoffrey Martin Hodgson
Publisher: Edward Elgar Publishing
ISBN: 178100756X
Category : Business & Economics
Languages : en
Pages : 274

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Book Description
'Almost 150 years after their major works were published Darwin and Marx stand alone as the premier theorists of the evolution of complex living systems. Hodgson's unique contribution in these essays is to capture the spirit of these two great thinkers in their ability to see universal principles in particular contextual frameworks. Using an evolutionary and institutional approach to examine a variety of theoretical issues Hodgson avoids both the postmodern disease of extreme relativism and the rigidity of insisting on "one true religion" for economic theory. This book is a major contribution to the current revolution in economic theory.' - John M. Gowdy, Rensselaer Polytechnic Institute, US Economics in the Shadows of Darwin and Marx examines the legacies of these two giants of thought for the social sciences in the twenty-first century.

Economics in the Shadows of Darwin and Marx

Economics in the Shadows of Darwin and Marx PDF Author: Geoffrey Martin Hodgson
Publisher: Edward Elgar Pub
ISBN: 9781847206190
Category : Business & Economics
Languages : en
Pages : 265

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Book Description
Economics in the Shadows of Darwin and Marx examines the legacies of these two giants of thought for the social sciences in the twenty-first century.Darwin and Marx stand out as the supreme theorists of structural change in complex living systems. Yet their analytical approaches are very different, and the idea that Darwinism has application to the social sciences is not widely appreciated. This collection of essays establishes the importance of Darwinism for economics and other social sciences, and compares the Darwinian legacy with that of Marx. Critical realism is just one of the tendencies within economics influenced by Marxism that is dissected here. The final part of the book adopts a Darwinian evolutionary approach to the analysis of institutions and routines. Geoffrey Hodgson's book will be warmly welcomed and received by evolutionary and institutional economists, methodologists of economics and other social sciences, heterodox economists as well as other social scientists including economic sociologists, organisation scientists and political scientists.

The Darwin Economy

The Darwin Economy PDF Author: Robert H. Frank
Publisher: Princeton University Press
ISBN: 0691156689
Category : Business & Economics
Languages : en
Pages : 264

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Book Description
Argues that ecologist Charles Darwin's understanding of competition describes economic reality far more accurately than economist Adam Smith's theories ever did.

The Socialist Economics of Karl Marx and His Followers

The Socialist Economics of Karl Marx and His Followers PDF Author: Thorstein Veblen
Publisher: Read Books Ltd
ISBN: 1473398711
Category : Business & Economics
Languages : en
Pages : 47

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Book Description
The Socialist Economics of Karl Marx and His Followers' was first published in 1906, in the Quarterly Journal of Economics. It's author, Thorstein Veblen, was the son of Norwegian American immigrants. He grew up to become a prominent economist and sociologist, producing many books and articles, and is often remembered for his use evolutionary theory to develop a 20th century theory of economics. We are republishing this work with a brand new introductory biography.

Darwinism and Evolutionary Economics

Darwinism and Evolutionary Economics PDF Author: John Laurent
Publisher: Edward Elgar Publishing
ISBN: 1843762943
Category : Biography & Autobiography
Languages : en
Pages : 260

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Book Description
This outstanding collection of essays by leading scholars helps explain how evolutionary economics has come of age. They show how evolutionary economics offers a progressive and diverse research agenda built on strong foundations. These are essays of lasting value. J. Stanley Metcalfe, University of Manchester, UK Darwinism is fast becoming an orthodoxy of modern thought, a framework within which a wide range of knowledge communities conduct their discourse. Ever since its formation, Darwinian theory has experienced a close, though not always comfortable, association with economics. Evolutionary economists now appear to show little concern for the consistency of knowledge in their embrace of Darwinism. Darwinism and Evolutionary Economics brings together contributions from eminent authors who, building on Darwin s own insights and on developments in evolutionary theory, offer challenging views on how economics can use evolutionary ideas effectively. This collection of critical essays provides a thorough examination of the application of Darwinian theory to economic thought, and will appeal to evolutionary economists and all those with an interest in Darwin, innovation and evolutionary science.

Charles Darwin and Karl Marx

Charles Darwin and Karl Marx PDF Author: Edward B. Aveling
Publisher:
ISBN:
Category :
Languages : en
Pages : 20

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Book Description


Marx, Veblen, and the Foundations of Heterodox Economics

Marx, Veblen, and the Foundations of Heterodox Economics PDF Author: John F. Henry
Publisher: Routledge
ISBN: 9780367598532
Category :
Languages : en
Pages : 0

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Book Description
John F. Henry is an eminent economist who has made important contributions to heterodox economics drawing on Adam Smith, Karl Marx, Thorstein Veblen, and John Maynard Keynes. His historical approach offers radical insights into the evolution of ideas (ideologies and theories) giving rise to and/or induced by the changes in capitalist society. Essays collected in this festschrift not only evaluate John Henry's contributions in connection to Marx's and Veblen's theories, but also apply them to the socio-economic issues in the 21st century. In Part I leading heterodox economists in the traditions of Marxism, Post Keynesianism, and Institutionalism critically examine Marx's and Veblen's theoretical frameworks (and their connections to each other) that have become the foundations of heterodox economics. Chapters in Part II showcase alternative theoretical explanations inspired by Marx, Veblen, and Henry. Topics in this Part include financial crisis, financialization, capital accumulation, economics teaching, and the historical relationship between money and class society. Part III is devoted to John Henry's heterodox economics encapsulated in his "farewell" lecture, interview, and bibliography. Essays in this book, individually and collectively, make an important point that the history of economic thought (or historical analysis of economic theory and policy) is an integral part of developing heterodox economics as an alternative theoretical framework. Anyone who is troubled by the recurring failure of capitalism as well as mainstream economics will find this book well worth reading.

Marx, Veblen, and the Foundations of Heterodox Economics

Marx, Veblen, and the Foundations of Heterodox Economics PDF Author: Tae-Hee Jo
Publisher: Routledge
ISBN: 1317631455
Category : Business & Economics
Languages : en
Pages : 365

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Book Description
John F. Henry is an eminent economist who has made important contributions to heterodox economics drawing on Adam Smith, Karl Marx, Thorstein Veblen, and John Maynard Keynes. His historical approach offers radical insights into the evolution of ideas (ideologies and theories) giving rise to and/or induced by the changes in capitalist society. Essays collected in this festschrift not only evaluate John Henry’s contributions in connection to Marx’s and Veblen’s theories, but also apply them to the socio-economic issues in the 21st century. In Part I leading heterodox economists in the traditions of Marxism, Post Keynesianism, and Institutionalism critically examine Marx’s and Veblen’s theoretical frameworks (and their connections to each other) that have become the foundations of heterodox economics. Chapters in Part II showcase alternative theoretical explanations inspired by Marx, Veblen, and Henry. Topics in this Part include financial crisis, financialization, capital accumulation, economics teaching, and the historical relationship between money and class society. Part III is devoted to John Henry’s heterodox economics encapsulated in his "farewell" lecture, interview, and bibliography. Essays in this book, individually and collectively, make an important point that the history of economic thought (or historical analysis of economic theory and policy) is an integral part of developing heterodox economics as an alternative theoretical framework. Anyone who is troubled by the recurring failure of capitalism as well as mainstream economics will find this book well worth reading.

Darwin's Conjecture

Darwin's Conjecture PDF Author: Geoffrey M. Hodgson
Publisher: University of Chicago Press
ISBN: 0226346927
Category : Business & Economics
Languages : en
Pages : 303

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Book Description
Of paramount importance to the natural sciences, the principles of Darwinism, which involve variation, inheritance, and selection, are increasingly of interest to social scientists as well. But no one has provided a truly rigorous account of how the principles apply to the evolution of human society—until now. In Darwin’s Conjecture, Geoffrey Hodgson and Thorbjørn Knudsen reveal how the British naturalist’s core concepts apply to a wide range of phenomena, including business practices, legal systems, technology, and even science itself. They also critique some prominent objections to applying Darwin to social science, arguing that ultimately Darwinism functions as a general theoretical framework for stimulating further inquiry. Social scientists who adopt a Darwinian approach, they contend, can then use it to frame and help develop new explanatory theories and predictive models. This truly pathbreaking workat long last makes the powerful conceptual tools of Darwin available to the social sciences and will be welcomed by scholars and students from a range of disciplines.

Institutions and Development After the Financial Crisis

Institutions and Development After the Financial Crisis PDF Author: Sebastiano Fadda
Publisher: Routledge
ISBN: 1135014086
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
The financial crash of 2007-2008 and the subsequent global economic crisis have raised questions about the viability of capitalism and the desirability of alternative types of economic system. In this context, Keynesian and Marxist ideas in particular have become more popular. These two approaches, along with some other heterodox perspectives, agree on the need for institutional analysis and for better institutions and governance in order to promote economic development. This volume poses fundamental institutional, evolutionary and ontological questions relating to the emergence of a new mode of governance after the financial crisis. The book argues that, contrary to the recent austerity policies implemented in the EU in particular, a new level of government involvement is required in order to keep aggregate demand stable, make full employment possible, and create a transparent financial sector, serving the real economy and encouraging productive investments. This book will be of interest to students, researchers and policy makers working in the areas of finance, institutional economics, development economics and international political economy.