Evolutionary Economics And The New International Political Economy
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| Author | : John De la Mothe |
| Publisher | : Psychology Press |
| Total Pages | : 344 |
| Release | : 1996 |
| Genre | : Business & Economics |
| ISBN | : 9781855671577 |
Evolutionary economics focuses on the theory of the firm, organizational behavior and the role of technological change to reassess in a non-orthodox way the factors which motivate firms and individuals on a national and international level. With the heightened level of economic interaction, modern socio-economies are increasingly being shaped by their trade patterns and their innovation activities. In recent years it has become equally clear that standard neo-classical and fashionable "public choice" approaches to trade and economic growth are incapable of explaining the current "drift" of capitalist economies, or of guiding, in any practical way, the formulation of either publication innovation and trade policies or corporate strategies. The evolutionary approach is gaining currency amongst academics in business and management studies, as it embraces political and philosophical debates about the economy. This text brings together leading authorities in the field to examine and explain in a lucid, clear andauthoritative way the changing nature of relations within and between national economies.
| Author | : Hardy Hanappi |
| Publisher | : Taylor & Francis |
| Total Pages | : 279 |
| Release | : 2017-01-12 |
| Genre | : Business & Economics |
| ISBN | : 1315470209 |
The world is in turmoil, the dynamics of political economy seem to have entered a phase where a ‘return to normal’ cannot be expected. Since the financial crisis, conventional economic theory has proven itself to be rather helpless and political decision makers have become suspicious about this type of economic consultancy. This book offers a different approach. It promises to describe political and economic dynamics as interwoven as they are in real life and it adds to that an evolutionary perspective. The latter allows for a long-run view, which makes it possible to discuss the emergence and exit of social institutions. The essays in this volume explore the theoretical and methodological aspects of evolutionary political economy. In part one, the authors consider the foundational contributions of some of the great economists of the past, while the second part demonstrates the benefits of adopting the methods of computer simulation and agent-based modelling. Together, the contributions to this volume demonstrate the richness, diversity and great explanatory potential of evolutionary political economy. This volume is extremely useful for social scientists in the fields of economics, politics, and sociology who are interested to learn what evolutionary political economy is, how it proceeds and what it can provide.
| Author | : George T. Crane |
| Publisher | : Oxford University Press, USA |
| Total Pages | : 354 |
| Release | : 1997 |
| Genre | : Business & Economics |
| ISBN | : 9780195094435 |
This collection of classic and contemporary readings charts the historical and theoretical evolution of the field. This is a valuable resource for students and teachers of international relations and international economics.
| Author | : Richard R. Nelson |
| Publisher | : Harvard University Press |
| Total Pages | : 456 |
| Release | : 1985-10-15 |
| Genre | : Business & Economics |
| ISBN | : 9780674041431 |
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
| Author | : Marc R. Tool |
| Publisher | : Routledge |
| Total Pages | : 516 |
| Release | : 2019-05-24 |
| Genre | : Business & Economics |
| ISBN | : 1315493004 |
This two-volume work is intended to map the theoretical heartland of the institutionalist perspective on political economy. Volume I, "Foundations of Institutional Thought", identifies the origins of institutional economics and explores the primary analytical tools in its development. The papers included in Volume II, "Institutional Theory and Policy", consider basic economic processes, institutions for stabilizing and planning economic activities, the role of power and accountability, and emerging global interdependence. Marc R. Tool is the editor of "Journal of Economic Issues".
| Author | : Phillip Anthony O’Hara |
| Publisher | : Springer Nature |
| Total Pages | : 447 |
| Release | : 2022-08-29 |
| Genre | : Political Science |
| ISBN | : 9811941580 |
This is the very first book to explicitly both detail the core general principles of institutional and evolutionary political economy and also apply the principles to current world problems such as the coronavirus crisis, climate change, corruption, AI-Robotics, policy-governance, money and financial instability, terrorism, AIDS-HIV and the nurturance gap. No other book has ever detailed explicitly such core principles and concepts nor ever applied them explicitly to numerous current major problems. The core general principles and concepts in this book, which are outlined and detailed include historical specificity & evolution; hegemony & uneven development; circular & cumulative causation; heterogeneous groups & agents; contradiction & creative destruction; uncertainty; innovation; and policy & governance. This book details the nature of how these principles and concepts can be used to explain current critical issues and problems throughout the world. This book includes updated chapters that have won two journal research Article of the Year Awards on climate change (one from the European Association for Evolutionary Political Economy, EAEPE); as well as a Presidential address to the Association for Evolutionary Economics (AFEE) on corruption. The structure of the book starts with two chapters on the principles of institutional and evolutionary political economy: firstly their history, and secondly a chapter on the contemporary nature of the principles and concepts. This is followed by nine chapters applying some of the core principles to current world problems such as the coronacrisis, climate change, corruption, AI-robotics, policy, money & financial instability, terrorism, HIV-AIDS and the nurturance gap. The book finishes with a conclusion, a glossary of major terms and an index. The author’s principles are well established in the literature and this book provides a detailed exposition of them and their application.
| Author | : Marc R. Tool |
| Publisher | : Routledge |
| Total Pages | : 784 |
| Release | : 2019-07-12 |
| Genre | : Biography & Autobiography |
| ISBN | : 1315493047 |
This is part of a two-volume work intended to map the theoretical heartland of the institutionalist perspective on political economy. Volume II considers basic economic processes, institutions for stabilizing and planning economic activities, the role of power and accountability, and emerging global interdependence. Marc R. Tool is the editor of "Journal of Economic Issues".
| Author | : Geoffrey Martin Hodgson |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 270 |
| Release | : 2002-01-01 |
| Genre | : Business & Economics |
| ISBN | : 1843765551 |
In the 1990s, institutional and evolutionary economics emerged as one of the most creative and successful approaches in the modern social sciences. This timely reader gathers together seminal contributions from leading international authors in the field of institutional and evolutionary economics including Eileen Appelbaum, Benjamin Coriat, Giovanni Dosi, Sheila C. Dow, Bengt-Åke Lundvall, Uskali Mäki, Bart Nooteboom and Marc R. Tool. The emphasis is on key concepts such as learning, trust, power, pricing and markets, with some essays devoted to methodology and others to the comparison of different forms of capitalism. An extensive introduction places the contributions in the context of the historical and theoretical background of recent developments in economics and the social sciences. Essential reading for lecturers, researchers, graduates and advanced undergraduates in economics, business studies and sociology, this diverse yet complementary collection of essays will also find a broad readership amongst those wanting to understand the manifest changes apparent within modern socio-economic systems.
| Author | : European Association for Evolutionary Political Economy |
| Publisher | : Edward Elgar Publishing |
| Total Pages | : 338 |
| Release | : 1998 |
| Genre | : Business & Economics |
| ISBN | : |
Let them eat data! could be the cry of economic's new glasses, which show not the allocation of scarce resources, but the creation, distribution, and use of information and other newly created products. A dozen papers from an October 1994 conference in Copenhagen present theories of the relationships between institutions and economic change, with applications in such fields as innovation, the firm, technical change, markets, and economic systems. They focus on the roles of learning, knowledge, trust, and norms. Addressed to academic economists. The CiP data shows Johnson as the first editor. Annotation copyrighted by Book News, Inc., Portland, OR
| Author | : Darel E. Paul |
| Publisher | : Oxford University Press |
| Total Pages | : 368 |
| Release | : 2013-09-16 |
| Genre | : Political Science |
| ISBN | : 0199376646 |
This collection of seminal readings in international political economy charts the historical and theoretical evolution of the field from the seventeenth century to the present day. Bringing together classic works and leading contemporary arguments, this book outlines the development of three schools of IPE thought - Economic Nationalism, Liberalism and Marxism - while also including theoretical perspectives beyond the dominant traditions. The third edition not only retains but increases the number of classic works from the previous editions while also updating the reader with contemporary writings reflecting the most important recent theoretical developments in the field. It also incorporates new theoretical terrains with sections on feminist and Green IPE, as well as a wholly new introduction. Readings include works by Thomas Mun, Adam Smith, David Ricardo, John Stuart Mill, Alexander Hamilton, Friedrich List, Karl Marx, Friedrich Engels, V. I. Lenin, Karl Kautsky, Robert Keohane, Andrew Moravcsik, Robert Wade, Benjamin Cohen, Robert W. Cox, Giovanni Arrighi, Roland Vaubel, Ronald Rogowski, Michael Hardt, Antonio Negri, Marieke de Goede, Ann Tickner, Spike Peterson, Eric Helleiner and Alf Hornborg. Providing many of the most frequently cited IPE references in a single volume, the third edition of The Theoretical Evolution of International Political Economy continues to be an essential resource for students of both international relations and international economics.
