Economics and Evolution - Jan Reijnders

The book begins with a concise history of evolutionary economics which develops to examine the variety of approaches within the subject. The discussion continues with a rigorous analysis of why, in contrast to popular belief, evolutionary economics is not alien to neoclassical economics, arguing that it may even be considered to complement neoclassical economics. Continuing along this theme the firm is discussed from an evolutionary and neoclassical standpoint. Leading on from this is a discussion of modern model building in evolutionary economics and its relationship with Schumpeter's developmental work. Model building is examined further in relation to endogenous technological change and economic growth, and the effect that technological change and innovation can have on the spatial distribution of new industry.

This book will be of special interest to evolutionary and post Keynesian economists and those interested in technological change and innovation.

Economics and Evolution presents an overview of the principal characteristics of the modern evolutionary approach and offers insights into the ideas of some of its important representatives and fields of application.