Find your way around ...
evolutionary economics - introduces Evolutionary Economics & Adaptive Efficiency, Economic Growth & Enabling Environments, Wealth Creation & Cooperative Synergies and Technological Innovation & 'Know How'.
neo-classical theory - the Nobel Prize winners since 1969
evolutionary economic theory - one theory of consilience & many topics involved
1. science - why Western Europe? why 1500 AD?
Scientific & Industrial Revolution - essay notes
Specialisation & Scale - Adam the Smith - 'Theory of Moral Sentiments' - trust & cooperation and 'Wealth of Nations' - division of labour - synergies of specialisation & scale and comparative advantage.
2. democracy - why the rapid spread in the late 20th century?
Spread of Democracy - essay notes
Economies of Scale - universal declaration of human rights - pregnant with the economic significance.
3. markets - why is wealth creation so difficult to plan?
Failure of Planning - essay notes
Lawful Free Trade - vote with your feet and join a club of your choice - supply & demand and gluts & queues - immunity from parasites & predators and The Fatal Conceit.
4. innovation - why is wealth all about survival 'know how' and not other factors of production?
Economic Policy Consensus - essay notes
Discovery & Accumulation - genes do cost/benefit analysis by natural selection as 'know how' grows at 3% pa compound through hard work, honesty & thrift or 'satisficing'
evolutionary economic principles - complexity, natural selection, democracy, cooperation, tort, trade, technology, externalities, money, joint stock companies.
Joint Stock Companies - a powerpoint presentation
some fun with evolutionary economics - lighten up! the dismal science can be fun!
the apapa generators - 'ghosts from the past' ... education under the soap pans in Apapa?
mitochondrial eve - 'only time helped, the truth was in the future' ... how on earth do you choose a wife? ... or did she do the choosing?
ricardo's friends - 'folk mulled over the possibilities, investigated their ideas & learned a trade' ... trade & technology paved the way?
tommy jeffers - 'folk quarreled somewhat and it all got bloody messy' ... inventing freedom & democracy?
dickie dawkins - 'nice guys finish first but folk got all mixed up, conned and confused' ... a Pandora's Box of cooperation & trust?
joe & jane sixpack - 'the genes do cost / benefit analysis' ... deep cultural history?
emergent puzzles - 'the penny has to drop' ... do you believe in evolution?
intelligent design - 'all messy, difficult & complicated' ... deliberate rational purposeful intentional plans aren't what they seem to be?
gardens of forking paths - 'perhaps time itself evolved' ... labyrinths & evolutionary metaphors?
the kelsall pulpit - 'moral sentiments are not illusions' ... a few notes about science & religion?
war in iraq - 'cultural tit for tat' ... freedom fighters or terrorists?
jimmy watt - 'happenings just happen' ... the 2nd law of thermodynamics?
creative destruction - 'differential survival' of 'parasites & predators' ... and coin clippers?
historical evidence - ... is the evidence in biological history?
evolutionary economic quotations - ignorance, complexity, natural selection, democracy, cooperation, tort, trade, technology, historical evidence
criticism - evolution is a simple idea but the penny has to drop!
Geoffrey Hodgson - 'Darwinism in Economics - from Analogy to Ontology'
bibliography - here are a few sources from the great & the good
evolutionary economics links - more
Economics at the open university - Complex Adaptive Systems