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Markets, competition and entrepreneurship

Adaptation, Complexity and Growth

David Simpson

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Preface

Adaptation, Complexity and Growth

David Simpson

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Prosperity and recession

Adaptation, Complexity and Growth

David Simpson

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Qualitative change and quantitative growth

Adaptation, Complexity and Growth

David Simpson

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The rediscovery of classical econoics

Adaptation, Complexity and Growth

David Simpson

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The Rediscovery of Classical Economics

Adaptation, Complexity and Growth

David Simpson

David Simpson skilfully argues that a market economy can be best understood as a human complex system, a perspective that represents a continuation of the classical tradition in economic thought. In the classical tradition, growth rather than allocative efficiency is the principal object of enquiry, economic phenomena are recognised to be elements of processes rather than structures, and change is evolutionary.
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Seld-organization and complexity

Adaptation, Complexity and Growth

David Simpson

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Specialisation and growth

Adaptation, Complexity and Growth

David Simpson

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Entrepreneurship, Money and Coordination

Hayek’s Theory of Cultural Evolution

Edited by Jürgen G. Backhaus

Hayek’s theory of cultural evolution has always generated controversy. Interest in Hayek’s theory, and others’ analysis and criticism of it, has been rising of late. This volume urges a reconsideration of Hayeks’ theory of evolution and aims to explore the relevance of Hayek’s theory for its own sake and for evolutionary economics more generally.