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Theory and Method of Evolutionary Political Economy: A Cyprus Symposium (Routledge Advances in Heterodox Economics)
Hardcover. Routledge 2017-02-08.
ISBN 9781138204096
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Publisher description
The world is in turmoil, the dynamics of political economy seem to have entered a phase where a 'return to normal' cannot be expected. Since the financial crisis, conventional economic theory has proven itself to be rather helpless and political decision-makers have become suspicious about this type of economic consultancy. This book offers a different approach. It promises to describe political and economic dynamics as interwoven as they are in real life and it adds to that an evolutionary perspective. The latter allows for a long-run view, which makes it possible to discuss the emergence and exit of social institutions.
Theory and Method of Evolutionary Political Economy promises to describe political and economic dynamics as interwoven as they are in real life and it adds to that an evolutionary perspective, which allows for a long-run view. The essays in this volume explore the theoretical and methodological aspects of evolutionary political economy. In part one, the authors consider the foundational contributions of some of the great economists of the past and the second part demonstrates the benefits of adopting the methods of computer simulation and agent-based modelling. Together, the contributions to this volume demonstrate the richness, diversity and great explanatory potential of evolutionary political economy.
This volume is extremely useful for social scientists in the fields of economics, politics, and sociology who are interested to learn what evolutionary political economy is, how it proceeds and what it can provide
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Theory and Method of Evolutionary Political Economy: A Cyprus Symposium
Book reviews » Theory and Method of Evolutionary Political Economy: A Cyprus Symposium (Routledge Advances in Heterodox Economics)
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