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
1. Science - why Western Europe? why 1500 AD?
Scientific & Industrial Revolution - essay notes - Torts, Trade & Technology
Synergies of Specialisation & Scale - Adam the Smith - 'Theory of Moral Sentiments' - trust & cooperation from 'tit for tat' and 'Wealth of Nations' - division of labour in 'pin factories'.
2. Democracy - why the rapid spread in the late 20th century?
Spread of Democracy - essay notes - UDHR
Economies of Scale - Vote with your feet and join a Club of your choice - pregnant with moral & economic significance.
3. Markets - why is wealth creation so difficult to plan?
Failure of Planning - essay notes - The Fatal Conceit
Lawful Free Trade - comparative advantage, supply & demand and gluts & queues, immunity from parasites & predators
4. Innovation - why is wealth all about survival 'know how' and not other factors of production?
Economic Policy Consensus - essay notes - Total Factor Productivity
Discovery & Accumulation - genes do cost/benefit analysis by natural selection as 'know how' grows at 3% pa compound through simple rules of thumb 'satisficing' - 'competence without comprehension' - hard work, honesty & thrift.
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 - 'genetic costs & benefits' ... 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 - 'biological history' ... is the evidence in biological history?
Evolutionary Economic Quotations - ignorance, complexity, natural selection, democracy, cooperation, tort, trade, technology, historical evidence
Criticism - evolution is a very 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