Principles Of Institutional And Evolutionary Political Economy
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Principles Of Institutional And Evolutionary Political Economy
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Author : Phillip Anthony O’Hara
language : en
Publisher: Springer Nature
Release Date : 2022-08-29
Principles Of Institutional And Evolutionary Political Economy written by Phillip Anthony O’Hara and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-29 with Political Science categories.
This is the very first book to explicitly both detail the core general principles of institutional and evolutionary political economy and also apply the principles to current world problems such as the coronavirus crisis, climate change, corruption, AI-Robotics, policy-governance, money and financial instability, terrorism, AIDS-HIV and the nurturance gap. No other book has ever detailed explicitly such core principles and concepts nor ever applied them explicitly to numerous current major problems. The core general principles and concepts in this book, which are outlined and detailed include historical specificity & evolution; hegemony & uneven development; circular & cumulative causation; heterogeneous groups & agents; contradiction & creative destruction; uncertainty; innovation; and policy & governance. This book details the nature of how these principles and concepts can be used to explain current critical issues and problems throughout the world. This book includes updated chapters that have won two journal research Article of the Year Awards on climate change (one from the European Association for Evolutionary Political Economy, EAEPE); as well as a Presidential address to the Association for Evolutionary Economics (AFEE) on corruption. The structure of the book starts with two chapters on the principles of institutional and evolutionary political economy: firstly their history, and secondly a chapter on the contemporary nature of the principles and concepts. This is followed by nine chapters applying some of the core principles to current world problems such as the coronacrisis, climate change, corruption, AI-robotics, policy, money & financial instability, terrorism, HIV-AIDS and the nurturance gap. The book finishes with a conclusion, a glossary of major terms and an index. The author’s principles are well established in the literature and this book provides a detailed exposition of them and their application.
Principles Of Institutional And Evolutionary Political Economy
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Author : Phillip Anthony O'Hara
language : en
Publisher:
Release Date : 2022
Principles Of Institutional And Evolutionary Political Economy written by Phillip Anthony O'Hara and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
This is the very first book to explicitly both detail the core general principles of institutional and evolutionary political economy and also apply the principles to current world problems such as the coronavirus crisis, climate change, corruption, AI-Robotics, policy-governance, money and financial instability, terrorism, AIDS-HIV and the nurturance gap. No other book has ever detailed explicitly such core principles and concepts nor ever applied them explicitly to numerous current major problems. The core general principles and concepts in this book, which are outlined and detailed include historical specificity & evolution; hegemony & uneven development; circular & cumulative causation; heterogeneous groups & agents; contradiction & creative destruction; uncertainty; innovation; and policy & governance. This book details the nature of how these principles and concepts can be used to explain current critical issues and problems throughout the world. This book includes updated chapters that have won two journal research Article of the Year Awards on climate change (one from the European Association for Evolutionary Political Economy, EAEPE); as well as a Presidential address to the Association for Evolutionary Economics (AFEE) on corruption. The structure of the book starts with two chapters on the principles of institutional and evolutionary political economy: firstly their history, and secondly a chapter on the contemporary nature of the principles and concepts. This is followed by nine chapters applying some of the core principles to current world problems such as the coronacrisis, climate change, corruption, AI-robotics, policy, money & financial instability, terrorism, HIV-AIDS and the nurturance gap. The book finishes with a conclusion, a glossary of major terms and an index. The author's principles are well established in the literature and this book provides a detailed exposition of them and their application.
Methodological Principles Of Institutional Political Economy
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Author : Phillip Anthony O'Hara
language : en
Publisher:
Release Date : 1994
Methodological Principles Of Institutional Political Economy written by Phillip Anthony O'Hara and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Economics categories.
Marx Veblen And Contemporary Institutional Political Economy
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Author : Phillip Anthony O'Hara
language : en
Publisher:
Release Date : 2000
Marx Veblen And Contemporary Institutional Political Economy written by Phillip Anthony O'Hara and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Capitalism categories.
O'Hara (economics, Curtin U. of Technology, Australia) uses an institutional-evolutionary approach to analyze economic problems associated with developments in capitalism during the second half of the 20th century. Arguing that economics should center on institutions as the durable fabric of the economy over time, he traces the lineages of institutional themes and considers feminist, post-Keynesian, holistic-economic, and Schumpeterian perspectives. He then explores the nature of institutions in the growth and instability of capitalism with reference to social structures of accumulation. He concludes that the evolution of modern capitalism is likely to remain unstable. Annotation copyrighted by Book News Inc., Portland, OR
Foundations Of Economic Evolution
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Author : Carsten Herrmann-Pillath
language : en
Publisher: Edward Elgar Publishing
Release Date : 2013-01-01
Foundations Of Economic Evolution written by Carsten Herrmann-Pillath and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-01 with Business & Economics categories.
ÔThis book is an ambitious intellectual enterprise to build a naturalistic foundation for economics, with amazingly vast knowledge of physical, biological, social sciences and philosophy. Readers will discover that approaches and insights emergent in institutional studies, (social)-neuroscience, network theory, ecological economics, bio-culture dualistic evolution, etc. are persuasively placed in a grand unified frame. It is written in a good Hayekian tradition. I recommend this book particularly to young readers who aspire to go beyond a narrowly specified discipline in the age of expanding communicability of knowledge and ideas.Õ Ð Masahiko Aoki, Stanford University, US ÔCarsten Herrmann-PillathÕs new book is an in-depth application of natural philosophy to economics that draws up an entirely new framework for economic analysis. It offers path-breaking insights on the interactions between human economic activity and nature and outlines a convincing solution to the long-standing reductionism controversy. A must-read for everyone interested in the philosophical underpinnings of economics as a science.Õ Ð Ulrich Witt, Max Planck Institute of Economics, Jena, Germany ÔÒBig pictureÓ philosophy of economics drifted into a dull cul-de-sac as it became obsessively focused on falsifiability and rationality. In this book Carsten Herrmann-Pilath pushes the field back onto the open highway by locating economics in the larger frameworks of metaphysics, evolutionary dynamics and information theory. This is large-scale, ambitious synthesis of ideas of the kind we expect from time to time to see devoted to physics and biology. Why should economics merit anything less? But of course this kind of intellectual tapestry must await the appearance of an unusually devoted scholar with special patience and eccentric independence from the pressure for quick returns that characterizes academic life. In the person of Hermann-Pilath this scholar has appeared. No one who wants to examine economics whole and in its richest context should miss his virtuoso performance in this book.Õ Ð Don Ross, University of Cape Town, South Africa and Georgia State University, US ÔHerrmann-PillathÕs work attempts to bring to bear upon the discipline of economics perspectives from other discourses which have been burgeoning recently Ð namely, thermodynamics, evolutionary biology, and semiotics, aiming at a consilience contextualized by economic activity and problems. This marks the work as a contemporary example of natural philosophy, which is now at the doorstep of a revival. The overall perspective is that human economic activity is an aspect of the ecology of the earthÕs surface, viewing it as an evolving physical system mediated through distributed mentality as expressed in technology evolution. Knowledge is taken to be ÔphysicalÕ with a performative function, as in PeirceÕs pragmaticism. Thus, the social meanings of expectations, prices, and credit are found to be rooted in energy flows. The work draws its foundation from Hegel and C.S. Peirce and its immediate guidance from Hayek, Veblen and Georescu-Roegen. The author generates an energetic theory of economic growth, guided by OdumÕs maximum power principle. Economic discourse itself is reworked in the final chapter, in light of the examinations of the previous chapters, naturalizing economics within an extremely powerful contemporary framework.Õ Ð Stanley N. Salthe, Binghamton University, US ÔAn Oscar-winning performance in the Òtheatre of consilience.Ó ItÕs hard to know which to praise first: Carsten Herrmann-PillathÕs humility or his ambition. He says his book Òis not a great intellectual featÓ because he pursues the Òhumble taskÓ of putting together Òthe ideas of others.Ó When he finally gets to economics he tries to Òbe as simple as possibleÓ and to conceive of economics in terms of the basics, at Òundergraduate level, so to say.Ó On the other hand, the scale of his ambition is to rethink the foundations of economics from first principles, while, at the same time, holding a running dialogue between contemporary sciences and classic philosophy. HeÕs much too modest, of course, because Foundations is a major achievement, but his modesty points to what makes it such a powerful treatise: the book is not about his preferences or prejudices; it is a Òscientific approach that aims at establishing truthful propositions about reality.Ó That is much harder to achieve than grand theories or Òcomplicated mathematics,Ó because it amounts to a new modern synthesis of the field Ð an achievement on a par with Julian HuxleyÕs, whose own modern synthesis of evolutionary theories in the 1940s allowed for the explosive growth of the biosciences over the next decades. The structure of the book is simple enough, providing a framework for the Ònaturalistic turnÓ in economics. Starting from material existence, causation and evolution, Herrmann-Pillath takes us through four fundamental concepts Ð individuals, networks, institutions and technology Ð before coming finally to the Òrealm of economics proper,Ó i.e. markets. However, Herrmann-Pillath believes that the Òfoundations of economics cannot be found within economicsÓ but only in dialogue with other sciences, or what he calls the Òtheatre of consilience.Ó ItÕs a theatre in which various characters come and go, where dialogue ebbs and flows, conflicts arise and are resolved, and where individual actions can be seen as concepts as, leading to higher levels of meaning as the plot unfolds. The magic of theatre, of course, is that the point of intelligibility, where the characters, actions and narrative resolve into meaningfulness, is projected out of the drama itself, into the spectator. ThatÕs you, dear reader. So it is with economics as a discipline. Economics is a player in a much larger performance about what constitutes knowledge, and how we know that. It is also a player in the economy it seeks to explain. To understand why money, firms, growth, prices, markets and other staples of economic thought emerge and function the way they do, it is necessary situate the analysis beyond economics (and the economy), and to engage with developments across the human, evolutionary and complexity sciences. This is what Herrmann-Pillath does, analyzing a breathtaking range of illuminating and sometimes challenging work along the way. We are treated to new ideas about the externalized brain, the evolution of knowledge in the Earth System (i.e. not just among humans), the role of signs and performativity in these processes, as well as that of Òenergetic transformations.Ó But Herrmann-Pillath is not satisfied with the ÒmodestÓ task of bringing the best of modern scientific thought to bear on economic concepts and performances; he really does harbor a deeper purpose. The clue is in his apparently quixotic desire to hang on to philosophical insights associated with pre-evolutionary thinkers like Aristotle and Hegel, and his apparently eccentric desire to place the semiotic philosophy of C.S. Pierce at center stage. But the patient observer will see that he is not seeking to change the facts by imposing idealist notions on them after the event. Instead, he is arguing for a change in the way we perform ourselves in the face of these facts. He is looking for a modern-day equivalent of Confucius or Socrates: one who can imagine values and beliefs that Òdefine the human species in a new way.Ó For those who have eyes to see, as the drama unfolds, it may be that we have found such a figure in Carsten Herrmann-Pillath himself, modesty, ambition and all. This is ÒCultural ScienceÓ as it should be done.Õ Ð John Hartley, Curtin University, Australia and Cardiff University, UK
Institutional Economics
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Author : Wendell Chaffee Gordon
language : en
Publisher: Routledge
Release Date : 1980
Institutional Economics written by Wendell Chaffee Gordon and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980 with categories.
Institutional Economics
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Author : Bernard Chavance
language : en
Publisher: Routledge
Release Date : 2008-09-02
Institutional Economics written by Bernard Chavance and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-09-02 with Business & Economics categories.
This introduction to institutional economics, follows the history of the field since the early 20th century until the present day. It concentrates on influential authors in the main schools of institutional economics. Institutional economics is defined as economic thought that considers institutions to be relevant for economic theory, and consequently criticizes the neoclassical mainstream for having pushed them out of the discipline; it deals specially with the nature, the origin, the change of institutions, and their effects on economic performance. It is a family of different theories that were initially influential in economics, then lost much of their weight in the middle half of the 20th century, and eventually recovered significant creative vitality and impact in the last twenty years. The book puts the recent developments in historical perspective by showing how important themes like the importance of habits, the role of formal and informal rules, the relation of organizations and institutions, the hierarchy and complementarity of institutions, the evolutionary character of institutional change, have been explored by various authors or schools.
The Principles Of Political Economy Applied To The Condition The Resources And The Institutions Of The American People
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Author : Francis Bowen
language : en
Publisher:
Release Date : 1859
The Principles Of Political Economy Applied To The Condition The Resources And The Institutions Of The American People written by Francis Bowen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1859 with Economics categories.
Evolutionary Economics
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2023-12-23
Evolutionary Economics written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-12-23 with Business & Economics categories.
What is Evolutionary Economics There is a school of thinking in economics known as evolutionary economics, which is influenced by the field of evolutionary biology. It regards economic growth as a process rather than an equilibrium and places an emphasis on change, innovation, complex interdependencies, self-evolving systems, and limited rationality as the drivers of economic evolution. Despite the fact that it is not defined by a clear set of principles and that it brings together a variety of methods, it treats economic development as a process. The support for the evolutionary approach to economics in recent decades appears to have initially originated as a criticism of the mainstream neoclassical economics. However, by the beginning of the 21st century, it had become a part of the economic mainstream itself for the first time. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Evolutionary economics Chapter 2: Neoclassical economics Chapter 3: Thorstein Veblen Chapter 4: Institutional economics Chapter 5: Rational agent Chapter 6: Sociocultural evolution Chapter 7: Heterodox economics Chapter 8: Donald T. Campbell Chapter 9: Geoffrey Hodgson Chapter 10: Cultural selection theory Chapter 11: Giovanni Dosi Chapter 12: European Association for Evolutionary Political Economy Chapter 13: Schools of economic thought Chapter 14: Institutionalist political economy Chapter 15: Oded Galor Chapter 16: Technology dynamics Chapter 17: Universal Darwinism Chapter 18: Non-equilibrium economics Chapter 19: Ugo Pagano Chapter 20: Edward J. Nell Chapter 21: Cultural evolution (II) Answering the public top questions about evolutionary economics. (III) Real world examples for the usage of evolutionary economics in many fields. (IV) Rich glossary featuring over 1200 terms to unlock a comprehensive understanding of evolutionary economics. (eBook only). Who will benefit Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of evolutionary economics.
The Founding Of Institutional Economics
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Author : Warren Samuels
language : en
Publisher: Routledge
Release Date : 2002-01-08
The Founding Of Institutional Economics written by Warren Samuels and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-01-08 with Business & Economics categories.
Institutional economics has been a major part of economic thought for the whole of the twentieth century, and today remains crucial to an understanding of the development of heterodox economics. The two principal publications that founded the school were Veblen's The Theory of the Leisure Class and Commons's A Sociological View of Sovereignty, both published in 1899. As a tribute to these two seminal works, Warren Samuels has assembled an exceptionally prestigious international group of scholars to produce this landmark volume celebrating the centenary. The chapters assess the work of Veblen and Commons and their influence on the school of institutional economics from a variety of theoretical perspectives. The contributions on Veblen appraise his anthropological analysis of consumption habits of American households from sociological, linguistic and feminist points of view. Conversely, the essays on Commons's work focus on the concepts of property, power and the relationship between legality and economics.