Economic Performance Through Time: The Limits to Knowledge
In this essay I propose to explore what we can and cannot learn about the way economies evolve over time. The focus of the essay is on the dynamics of change--political, social, and of course economic; and therefore the key word is time. In section I I outline the process of economic change as I understand it; in section II I specify the questions we must answer in order to understand that process; in the final section I tentatively identify which of those questions I believe are amenable to being answered with sufficient research and which I believe to be beyond our ability to answer. I need hardly add that my conclusions are highly speculative.
|Date of creation:||17 Dec 1996|
|Date of revision:|
|Note:||Type of Document - Word Doc; prepared on IBM PC ; to print on HP Laser; pages: 23|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Giovanni Dosi & Luigi Marengo & Giorgio Fagiolo, 2003.
"Learning in Evolutionary Environments,"
LEM Papers Series
2003/20, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Douglass C. North, 1993. "The Paradox of the West," Economic History 9309005, EconWPA.
- Greif, Avner, 1994. "Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies," Journal of Political Economy, University of Chicago Press, vol. 102(5), pages 912-50, October.
- Arthur T. Denzau & Douglass C. North, 1993.
"Shared Mental Models: Ideologies and Institutions,"
- Stephen Knack & Philip Keefer, 1995. "Institutions And Economic Performance: Cross-Country Tests Using Alternative Institutional Measures," Economics and Politics, Wiley Blackwell, vol. 7(3), pages 207-227, November.
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpeh:9612004. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA)
If references are entirely missing, you can add them using this form.