The evolving economy : essays on the evolutionary approach to economics /
Ulrich Witt.
- x, 405 pages : illustrations ; 25 cm
Selected essays from various sources.
Includes bibliographical references and index.
Introduction -- Evolutionary Economics and the Extension of Evolution to the Economy -- Evolutionary Concepts and Methodology -- Emergence and Dissemination of Innovations: Some Principles of Evolutionary Economics -- Evolutionary Concepts in Economics -- Coordination of Individual Economic Activities as an Evolving Process of Self-Organization -- Firms' Market Behavior Under Imperfect Information and Economic Natural Selection -- "Lock-in" vs. "Critical Masses" - Industrial Change Under Network Externalities -- The Darwinian Perspective and the Continuity Hypothesis -- Bioeconomics as Economics from a Darwinian Perspective -- Economics, Sociobiology, and Behavioral Psychology on Preferences -- Economic Behavior and Biological Evolution: Some Remarks on the Sociobiology Debate -- Self-Organization and Economics - What is New? -- Evolution in the Context of New Institutional Economics and Public Choice -- The Evolution of Economic Institutions as a Propagation Process -- The Endogenous Public Choice Theorist -- Multiple Equilibria, Critical Masses, and Institutional Change. The coup d'etat problem -- Evolution and Stability of Cooperation Without Enforceable Contracts -- Between Appeasement and Belligerent Moralism: The Evolution of Moral Conduct in International Politics -- Innovations, Externalities and the Problem of Economic Progress -- The Evolutionary Approach and the Austrian School of Economics -- Subjectivism in Economics - A Suggested Reorientation -- Endogenous Change - Causes and Contingencies -- Turning Austrian Economics into an Evolutionary Theory -- Do Entrepreneurs Need Firms? A Contribution to a Missing Chapter in Austrian Economics. Pt. I. 1. Pt. II. 2. 3. 4. 5. 6. Pt. III. 7. 8. 9. 10. Pt. IV. 11. 12. 13. 14. 15. 16. Pt. V. 17. 18. 19. 20.
In this important collection of essays, Ulrich Witt illustrates how the evolutionary approach can reveal not only where change comes from, and how it happens, but also where it will lead.