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Why evolutionary realism underpins evolutionary economic analysis and theory: A reply to Runde's critique

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  • DOPFER, KURT
  • POTTS, JASON

Abstract

This paper offers a reply to Jochen Runde's critical appraisal of the ontological framework underpinning Dopfer and Potts's (2008) General Theory of Economic Evolution. We argue that Runde's comprehensive critique contains several of what we perceive to be misunderstandings in relation to the key concepts of ‘generic’ and ‘meso’ that we seek here to unpack and redress.

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  • Dopfer, Kurt & Potts, Jason, 2010. "Why evolutionary realism underpins evolutionary economic analysis and theory: A reply to Runde's critique," Journal of Institutional Economics, Cambridge University Press, vol. 6(3), pages 401-413, September.
  • Handle: RePEc:cup:jinsec:v:6:y:2010:i:03:p:401-413_00
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    References listed on IDEAS

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    1. Howard Aldrich & Geoffrey Hodgson & David Hull & Thorbjørn Knudsen & Joel Mokyr & Viktor Vanberg, 2008. "In defence of generalized Darwinism," Journal of Evolutionary Economics, Springer, vol. 18(5), pages 577-596, October.
    2. Kurt Dopfer & John Foster & Jason Potts, 2004. "Micro-meso-macro," Journal of Evolutionary Economics, Springer, vol. 14(3), pages 263-279, July.
    3. Kurt Dopfer & Jason Potts, 2004. "Evolutionary realism: a new ontology for economics," Journal of Economic Methodology, Taylor & Francis Journals, vol. 11(2), pages 195-212.
    4. Runde, Jochen, 2009. "Ontology and the foundations of evolutionary economic theory: on Dopfer and Potts' General Theory of Economic Evolution," Journal of Institutional Economics, Cambridge University Press, vol. 5(3), pages 361-378, December.
    5. Geoffrey M. Hodgson, 2002. "Darwinism in economics: from analogy to ontology," Journal of Evolutionary Economics, Springer, vol. 12(3), pages 259-281.
    6. Kurt Dopfer, 2004. "The economic agent as rule maker and rule user: Homo Sapiens Oeconomicus," Journal of Evolutionary Economics, Springer, vol. 14(2), pages 177-195, June.
    7. Jason Potts, 2000. "The New Evolutionary Microeconomics," Books, Edward Elgar Publishing, number 2258.
    8. Fulvio Castellacci, 2006. "A critical realist interpretation of evolutionary growth theorising," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 30(6), pages 861-880, November.
    9. Dopfer,Kurt (ed.), 2005. "The Evolutionary Foundations of Economics," Cambridge Books, Cambridge University Press, number 9780521621991.
    10. John Foster & Stan Metcalfe, 2009. "Evolution and economic complexity: an overview," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 18(7), pages 607-610.
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    Cited by:

    1. G. Blind & A. Pyka, 2014. "The rule approach in evolutionary economics: A methodological template for empirical research," Journal of Evolutionary Economics, Springer, vol. 24(5), pages 1085-1105, November.
    2. Marcelo Dias & Eugenio Pedrozo & Tania Silva, 2014. "The innovation process as a complex structure with multilevel rules," Journal of Evolutionary Economics, Springer, vol. 24(5), pages 1067-1084, November.
    3. Frolov, Daniil, 2019. "Present and future of evolutionary economics: post-institutionalist’s opinion," MPRA Paper 97659, University Library of Munich, Germany.

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