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Knowledge, Institutions and Evolution in Economics

Knowledge, Institutions and Evolution in Economics by Brian Loasby
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Winner of the Schumpeter Prize, 2000 and Winner of the Smith Prize in Austrian Economics, 2000, this book explores how the limitations of human knowledge create both opportunities and problems in the modern economy. The growing field of evolutionary economics has developed as a result of the traditional failure of the discipline to explain certain phenomena that impact greatly on the economy. These are:
*Evolution - the impact on the economy of natural change over time
*Institutions - the impact on the economy of government and/or company policy, rules and regulations
*Knowledge - the impact on the economy that is felt when new information becomes available

Knowledge, Institutions and Evolution in Economics is a punchy overview of these topics and one that has become regarded as something of a modern classic that no serious social sciences academic or student should be without.
Taylor and Francis; September 2002
185 pages; ISBN 9781134627233
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Title: Knowledge, Institutions and Evolution in Economics
Author: Brian Loasby
 
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ISBNs
0203459091
9780203459096
9780415205375
9781134627233
9781134627240