How to generalize Darwinism suitably to help understand both the evolution and the development of economies
AbstractThis paper agrees that a suitably generalized Darwinism may help understand socioeconomic change, but finds the most publicized generalization by Hodgson and Knudsen unsuitable. To do better, it generalizes the extension of Neo-Darwinism into evolutionary developmental biology ("evo-devo"), which pays more attention to genomes-as-instructors than to genes-as-replicators, and to the entire process of instructed development than to fully developed organisms. The new generalization has clear connections to economics with a minimum guarantee of helpfulness: it generalizes both evo-devo and previously elaborated approaches that already helped understand specific issues of comparative economics, economic reforms, and transformation policies
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Bibliographic InfoPaper provided by Max Planck Institute of Economics, Evolutionary Economics Group in its series Papers on Economics and Evolution with number 2008-17.
Date of creation: Jan 2009
Date of revision:
Find related papers by JEL classification:
- A10 - General Economics and Teaching - - General Economics - - - General
- D02 - Microeconomics - - General - - - Institutions: Design, Formation, and Operations
- K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- P50 - Economic Systems - - Comparative Economic Systems - - - General
- Z10 - Other Special Topics - - Cultural Economics - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-02-07 (All new papers)
- NEP-CBE-2009-02-07 (Cognitive & Behavioural Economics)
- NEP-HPE-2009-02-07 (History & Philosophy of Economics)
- NEP-LAW-2009-02-07 (Law & Economics)
- NEP-PKE-2009-02-07 (Post Keynesian Economics)
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