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Evolutionary Political Economy in Action

Evolutionary Political Economy in Action PDF Author: Hardy Hanappi
Publisher: Routledge
ISBN: 131547011X
Category : Business & Economics
Languages : en
Pages : 394

Book 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. Evolutionary Political Economy in Action consists of two parts. Part I provides a broad range of issues that show how flexible evolutionary political economy can handle acute policy problems in Europe: should Europe support the revived build-up of NATO forces on its Eastern border, or should it rather aim at economic cooperation with Russia? How can democracy for a whole continent be reasonably further developed; what is the role of economies of scope? Do the new protest movements against inequality provide alternatives? What could a vision for a unified, socioecological Europe look like? Part II takes a closer look at Cyprus and Greece, where the problems of the financial crisis have been exacerbated by the ‘solutions’ imposed on them by the troika. In all of these essays, the authors demonstrate the unique insights which can be garnered from adopting an evolutionary political economy approach and consider the real solutions that such an approach points towards. 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.

Evolutionary Political Economy in Action

Evolutionary Political Economy in Action PDF Author: Hardy Hanappi
Publisher: Routledge
ISBN: 131547011X
Category : Business & Economics
Languages : en
Pages : 394

Book 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. Evolutionary Political Economy in Action consists of two parts. Part I provides a broad range of issues that show how flexible evolutionary political economy can handle acute policy problems in Europe: should Europe support the revived build-up of NATO forces on its Eastern border, or should it rather aim at economic cooperation with Russia? How can democracy for a whole continent be reasonably further developed; what is the role of economies of scope? Do the new protest movements against inequality provide alternatives? What could a vision for a unified, socioecological Europe look like? Part II takes a closer look at Cyprus and Greece, where the problems of the financial crisis have been exacerbated by the ‘solutions’ imposed on them by the troika. In all of these essays, the authors demonstrate the unique insights which can be garnered from adopting an evolutionary political economy approach and consider the real solutions that such an approach points towards. 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.

Evolutionary Political Economy in Action

Evolutionary Political Economy in Action PDF Author: Hardy Hanappi
Publisher: Taylor & Francis
ISBN: 1315470128
Category : Business & Economics
Languages : en
Pages : 247

Book 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. Evolutionary Political Economy in Action consists of two parts. Part I provides a broad range of issues that show how flexible evolutionary political economy can handle acute policy problems in Europe: should Europe support the revived build-up of NATO forces on its Eastern border, or should it rather aim at economic cooperation with Russia? How can democracy for a whole continent be reasonably further developed; what is the role of economies of scope? Do the new protest movements against inequality provide alternatives? What could a vision for a unified, socioecological Europe look like? Part II takes a closer look at Cyprus and Greece, where the problems of the financial crisis have been exacerbated by the ‘solutions’ imposed on them by the troika. In all of these essays, the authors demonstrate the unique insights which can be garnered from adopting an evolutionary political economy approach and consider the real solutions that such an approach points towards. 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.

Evolution and Path Dependence in Economic Ideas

Evolution and Path Dependence in Economic Ideas PDF Author: Pierre Garrouste
Publisher: Edward Elgar Publishing
ISBN: 9781781950227
Category : Business & Economics
Languages : en
Pages : 264

Book Description
Since the 1980s there has been a renewed interest in attempts to introduce a sense of history into economic literature. In this text, the authors argue that it is not possible to explain a state of the world without first analyzing the processes that lead to that state.

From Reproduction to Evolutionary Governance

From Reproduction to Evolutionary Governance PDF Author: Kiichiro Yagi
Publisher: Springer
ISBN: 9784431568933
Category : Political Science
Languages : en
Pages : 190

Book Description
This book combines modern evolutionary economics and classical political economy. Modern evolutionary economics with its pluralistic and contingent view of reproduction does not presuppose equilibrium or harmonious reproduction. A society that consists of multiple agents needs to establish an order from the interactions of those agents. The book introduces a normative and a practical dimension where mutual justification occurs through the act of exchange. Mutual justification ultimately leads to the emergence of social and economic order, an approach that the author dubs “approval theory.” The division of labor proceeds alongside the emergence of money and capital, and the book discusses the dual structure of the real and financial economy that is the consequence. It then interprets collective action using the twin concept of voice and exit and proposes the concept of evolutionary governance to explain the politico-economic aspects of the social economy. As such, this book shows the promising direction in which the modern political economy is now proceeding, in accordance with the contingent process of evolutionary reproduction. Further, two collaborating authors supply a game-theoretical interpretation of approval theory and an exploration of the evolution of dynamical systems, respectively.

Governing the Commons

Governing the Commons PDF Author: Elinor Ostrom
Publisher: Cambridge University Press
ISBN: 1107569788
Category : Business & Economics
Languages : en
Pages : 297

Book Description
Tackles one of the most enduring and contentious issues of positive political economy: common pool resource management.

The Evolution of Economic Diversity

The Evolution of Economic Diversity PDF Author: Antonio Nicita
Publisher: Routledge
ISBN: 113635669X
Category : Business & Economics
Languages : en
Pages : 455

Book Description
The traditional role of evolutionary theory in the social sciences has been to explain the existence of an object in terms of the survival of the fittest. In economics this approach has acted as a justification for hypotheses such as profit maximisation, or the existence of institutions in terms of their overall efficiency. This volume challenges that view and argues that one of the first tasks of economic theory should be to explain the enormous diversity of institutional arrangements that has characterised human societies.

Is Economics an Evolutionary Science?

Is Economics an Evolutionary Science? PDF Author: Francisco Louçã
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 264

Book Description
This collection shows the prospects for evolutionary economics, along with its problems. Both the strengths and limitations of Veblen's ideas are clarified. Specific areas examined include the firm, the role and limitations of knowledge, and capitalism.

Evolutionary Economics

Evolutionary Economics PDF Author: David Hamilton
Publisher: Routledge
ISBN: 1351521284
Category : Business & Economics
Languages : en
Pages : 196

Book Description
In reviewing this book in The Economic Journal, S.G. Checkland said that it should be read as a vigorous attempt to relate economics to general thinking and as a challenge to those who are practitioners or elaborators of narrowly prescribed techniques.

The Political Economy of Destructive Power

The Political Economy of Destructive Power PDF Author: Mehrdad Vahabi
Publisher: Edward Elgar Publishing
ISBN: 9781845421724
Category : Business & Economics
Languages : en
Pages : 304

Book Description
"This book will appeal to a broad and varied readership from a range of disciplines across the social sciences including economics, politics, sociology, history and psychology."--BOOK JACKET.

Evolutionary Economics: Foundations of institutional thought

Evolutionary Economics: Foundations of institutional thought PDF Author: Marc R. Tool
Publisher: Routledge
ISBN:
Category : Business & Economics
Languages : en
Pages : 472

Book Description
The contributors to this volume focus on the political and value issues that, in their shared view, underlie the global environmental crisis facing us today. They argue that only by transforming our dominant values, social institutions and way of living can we avoid ecological disaster.