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Organic Views on Institutions: Has Carl Menger Anticipated Complex Adaptive Systems?
[La conception organique des institutions de Carl Menger a-t-elle anticipé ce qu’est un système adaptatif complexe ?]

Author

Listed:
  • Gilles Campagnolo

    (CEPERC - Centre d'EPistémologie et d'ERgologie Comparatives - AMU - Aix Marseille Université - CNRS - Centre National de la Recherche Scientifique, GREQAM - Groupement de Recherche en Économie Quantitative d'Aix-Marseille - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique)

  • Gilbert Tosi

    (GREQAM - Groupement de Recherche en Économie Quantitative d'Aix-Marseille - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique)

Abstract

For the founder of Austrian economics, Carl Menger (1840-1921), many social institutions are "organic" in origin, not voluntarily created (not "pragmatic"). Today, they may be regarded as complex adaptive systems, pieces of evidence of evolutionism. Money (as Menger sees it) fits such an explanation and bears witness to emerging socio-economic phenomena. We regard present-day evolutionary systems, based upon three principles (variation, interaction and selection) as anticipated by Menger.

Suggested Citation

  • Gilles Campagnolo & Gilbert Tosi, 2016. "Organic Views on Institutions: Has Carl Menger Anticipated Complex Adaptive Systems? [La conception organique des institutions de Carl Menger a-t-elle anticipé ce qu’est un système adaptatif comple," Post-Print hal-01446223, HAL.
    • Handle: RePEc:hal:journl:hal-01446223
    DOI: 10.15122/isbn.978-2-406-06350-6.p.0041
    Note: View the original document on HAL open archive server: https://amu.hal.science/hal-01446223
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    References listed on IDEAS

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