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The Evolution of Economic Diversity

Edited by Antonio Nicita, Ugo Pagano

Routledge – 2000 – 464 pages

Series: Routledge Siena Studies in Political Economy

Purchasing Options:

  • Add to CartPaperback: $48.95
    978-0-415-86553-1
    January 15th 2014
  • Add to CartHardback: $230.00
    978-0-415-22192-4
    November 29th 2000

Description

The traditional role of evolutionary theory in the social sciences has been to explain the existence of an object in terms of the survival of the fittest. In economics this approach has acted as a justification for hypotheses such as profit maximisation, or the existence of institutions in terms of their overall efficiency. This volume challenges that view and argues that one of the first tasks of economic theory should be to explain the enormous diversity of institutional arrangements that has characterised human societies.

Name: The Evolution of Economic Diversity (Hardback)Routledge 
Description: Edited by Antonio Nicita, Ugo Pagano. The traditional role of evolutionary theory in the social sciences has been to explain the existence of an object in terms of the survival of the fittest. In economics this approach has acted as a justification for hypotheses such as profit maximisation,...
Categories: Economics, International Economics