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Evolutionary economics is a relatively new economic methodology that is modeled on biology. It stresses complex interdependencies, competition, growth, and resource constraints.
As Philip Mirowski has demonstrated in his book 'More Heat than Light', the first 200 years of economic theory was modeled primarily on physics — economic terminology like "labour force", "equilibrium", "elasticity", and "velocity of money", are no accident. The principles of this construction, inspired by Newtonian mechanics, implied that the world is guided by elegant deterministic laws, based on few principles such as the principle of least action.
Conventional economic reasoning begins with the definition of scarcity, then assumes the existence of a "rational agent" bent solely on the attainment of one goal — the maximization of her/his welfare as defined by that agent. All relevant information is assumed to be held in common ("perfect information"), and the scheme of valuation ("preferences" or "tastes") used by the decision-maker is also assumed to be constant and native to the agent ("nonenvy" or "independent preferences"). Given the foregoing stipulations, the determination of the "rational choice" for any agent becomes a straightforward exercise in the differential calculus.
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sessions by gadagkar and pani, evolutionary biology and developmental economics.....long day..but totally worth it..
pooogirl (pooja sagar) Fri, 06 Nov 2009 17:04:10 -0000
sessions by gadagkar and pani, evolutionary biology and developmental economics.....long day..but totally worth it..
If you're getting into economics as evolutionary biology, @rotkapchen @davegray you shd check out Mrowski & Somefun http://is.gd/4MXUG
socialtechno (Gordon Rae) Wed, 04 Nov 2009 14:28:03 -0000
If you're getting into economics as evolutionary biology, @rotkapchen @davegray you shd check out Mrowski & Somefun http://is.gd/4MXUG
New blog post: The opposite mental shifts that evolutionary biology and economics had to make http://tinyurl.com/ykrnwfe
akshayalladi (akshayalladi) Thu, 29 Oct 2009 05:37:28 -0000
New blog post: The opposite mental shifts that evolutionary biology and economics had to make http://tinyurl.com/ykrnwfe
Winter Conference - Organized by DRIUD, Aalborg, Denmark, June 12-15, 2001, deadline for submission of papers: February 15, 2001.
Association For Evolutionary Economics - The Association for Evolutionary Economics (AFEE) is an international organization of economists and other social scientists devoted to analysis of economics as evolving, socially constructed and politically governed systems.
DRUID - Danish Research Unit of Industrial Dynamics.
European Meeting on Applied Evolutionary Economics - Held on the 7 - 9 June 1999, in Grenoble, France.
Meta Description: [ IEPE : institut d'économie et de politique de l'énergie.
Institute of energy policy and economics ,centre de recherche en économie de l'énergie ]
Evolutionary Economics - Page with notes by Santa Fee Institute.
Evolutionary Economics - Economic growth, wealth creation, technological innovation, scientific and industrial revolution, democracy, capitalism, market reforms.
Meta Description: [ Evolutionary economics explains economic growth, wealth creation and technological innovation. ]
IIASA - Science for Global Insight - The International Institute for Applied Systems Analysis (IIASA) is a non-governmental research organization located in Austria which does research on economic dynamics (among others).
Meta Description: [ International Institute for Applied Systems Analysis,Laxenburg Austria - Science for Global Insight ]
Japan Association for Evolutionary Economics -
Max Planck Institute of Economics - Institute by the German Max-Planck Society, Research on Evolutionary Economics, Experimental Economics Theory, Entrepreneurship, Growth and Public Policies.
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Nep-Evo Discussion List - This list is part of NEP (New Economics Papers), Evolutionary Economics, (a discussion list on Evolutionary Economics).
Meta Description: [ This is our 404 page ]
The European Association for Evolutionary Political Economy -
Why is Economics Not an Evolutionary Science - By Thorstein Veblen, The Quarterly Journal of Economics; Volume 12, 1898.
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ZiF Bielefeld/Germany - The Sciences of Complexity: From Mathematics to Technology to a Sustainable World -- The International Collaborative Research Year at ZiF. Group 7: Evolutionary Economics, G. Hanappi (Institute for Economics, Technical University, Vienna).
Meta Description: [ The Sciences of Complexity: From Mathematics to Technology to a Sustainable World -- The International Collaborative Research Year at ZiF ]
| Michael Shermer - Evolutionary Economics (part 1) | |
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