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On the Difficulty of Evolutionary Analysis

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  • Mayhew, Anne
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    Abstract

    Thorstein Veblen's 100-year-old question--'Why is Economics Not an Evolutionary Science?'--remains relevant. Evolutionary analysis, even for those social scientists who trace their intellectual heritage to evolutionary thought, has been difficult for three reasons: effective incorporation of time requires a respectful and detailed treatment of the past; dominant social science paradigms have made it difficult to account for novelty; and concern with policy and current issues of social debate creates a tendency towards taxonomy. The twentieth-century history of economic anthropology and institutional economics illustrates that a failure to overcome these difficulties leaves Veblen's vision unfulfilled. Copyright 1998 by Oxford University Press.

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    Bibliographic Info

    Article provided by Oxford University Press in its journal Cambridge Journal of Economics.

    Volume (Year): 22 (1998)
    Issue (Month): 4 (July)
    Pages: 449-61

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    Handle: RePEc:oup:cambje:v:22:y:1998:i:4:p:449-61

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    Cited by:
    1. Jo, Tae-Hee, 2013. "Uncertainty, Instability, and the Control of Markets," MPRA Paper 47936, University Library of Munich, Germany.
    2. Tae‐Hee Jo, 2011. "Social Provisioning Process and Socio‐Economic Modeling," American Journal of Economics and Sociology, Wiley Blackwell, vol. 70(5), pages 1094-1116, November.
    3. Viano Francesca Lidia, 2002. "Guesswork and knowledge in evolutionary economics: verblen revisited," CESMEP Working Papers 200205, University of Turin.

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