Evolutionary Economics: A Study of Change in Economic Thought

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Evolutionary Economics: A Study of Change in Economic Thought by Hamilton,David, 9780887388668
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  • ISBN: 9780887388668 | 0887388663
  • Cover: Nonspecific Binding
  • Copyright: 1/30/1991

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No problem has given rise to more disagreement among economists than that of economic & social change. Is it a mechanical, static concept concerned mainly with economic equilibrium, or an evolutionary dynamic, one concerned with growth, development, & expansion? Hamilton argues that how one answers this question is the fundamental point of difference between classical economics & evolutionary or institutional economics.
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