This book presents the elements of evolutionary economics, both generally and as they were developed by Schumpeter (1883-1950). By "elements" are meant the basic analytic units (types of actors and routines) and the basic mechanisms (of reproduction, variety-creation and selsction) used in evolutionary analysis. Schumpeter is often understood as a "visionary" with modest contributions to economic analysis. This systematic study of his work aims to show that this impression is too narrow and that Schumpeter has much to say on evolutionary analysis in a suprisingly modern sense, including for instance punctuated equilibria and path dependency. The author aims to shed new light on the work of this highly influential economist.
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This book presents the elements of evolutionary economics, both generally and as they were developed by Schumpeter (1883-1950). By "elements" are meant the basic analytic units (types of actors and routines) and the basic mechanisms (of reproduction, variety-creation and selsction) used in evolutionary analysis. Schumpeter is often understood as a "visionary" with modest contributions to economic analysis. This systematic study of his work aims to show that this impression is too narrow and that Schumpeter has much to say on evolutionary analysis in a suprisingly modern sense, including for instance punctuated equilibria and path dependency. The author aims to shed new light on the work of this highly influential economist.
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Hardcover. Zustand: Very Good. Immediate dispatch from Somerset. Nice book in great condition. Pages in excellent condition. Hardcover. English. See images for condition. About the book >.>.> But it also relates to the more general Artificial Economic Evo revival of studies on economic and technological evolution, and thus to the fact that many researchers today have accepted Schumpeter's (1942/87, 82) proposition that the 'essential point to grasp is that in Healing with capitalism we are dealing with an evolutionary process. The difficult tasks have been to visualise and analyse such a process, to move from the mainstream studies of 'how capitalism administers existing structures' to the more difficult studies about 'how it creates and destroys them. (p. 84) In performing these tasks modern economists have access to analytical tools that were non-existent when Schumpeter developed his 'magnificent dynamics' (Baumol). We now have the possibility of treating complex evolutionary processes with an increasing degree of clarity and rigour. At the same time we have to recognise a danger that Schumpeter's insights are ignored just as are the works of other pre-war contributors to the study of economic evoluti. Artikel-Nr. Batch-FM634-VG-13176
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