Complexity and the History of Economic Thought

This book consists of twelve studies on the issue of complexity and the history of economic thought. The studies relate complexity to the ideas of specific economists such as Adam Smith, Karl Marx, Alfred Marshall and Ragfnar Frisch.

List of figures

vii

List of contributors

viii

Preface

xi

Introduction

1

(12)

David Colander

PART I Introduction to complexity and the history of thought

13

(32)

What is complexity?

15

(16)

James Wible

A thumbnail sketch of the history of thought from a complexity perspective

31

(14)

David Colander

PART II Specific economists and complexity

45

(82)

Charles Babbage in a complex world

47

(11)

Nathan Rosenberg

Did Marx know the way to Santa Fe? Reflections on evolution, functionalism, and class consciousness

58

(16)

Peter Hans Matthews

Complexity in Peirce's economics and philosophy: an exploration of his critique of Simon Newcomb

74

(30)

James Wible

The prematur death of path dependence

104

(12)

David M. Levy

Complexity, chaos, or randomness: Ragnar Frisch and the enigma of the lost manuscript

116

(11)

Francisco Louca

PART III Broader views on complexity

127

(86)

Will complexity turn economics into sociology?

129

(26)

Alex Viskovatoff

Marshall and the role of common sense in complex systems

155

(38)

Flavio Comim

Competition, rationality, and complexity in economics and biology

193

(20)

Mark Picton

PART IV Alternative perspectives on complexity

213

(28)

Complexity and economic method: an institutionalist perspective

215

(12)

Robert E. Prasch

Complexity theory: an Austrian perspective

227

(14)

Michael R. Montgomery

Index

241

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Complexity and the History of Economic Thought

Summary

Table of Contents

Supplemental Materials

FREE SHIPPING

Rent More, Save More! Use code: BBRENTAL

5% off 1 book, 7% off 2 books, 10% off 3+ books

Complexity and the History of Economic Thought

Summary

Table of Contents

Supplemental Materials

Digital License