The Evolutionary Foundations of Economics

ÔThe construction of an evolutionary economics is, in my view, one of the greatest scientific adventures of our time. This book brings together the leading scholars in the field to articulate what the evolutionary project in economics is all about, to provide a sense of its scope, and to lay the foundations for future research. The volume also extends a genuine invitation to participate in the exciting task of building an empirically grounded economic theory. The theoretical edifice of evolutionary economics is presently a work in progress, with some floors and some quarters much better worked out than others. But the vision of what it should look like at the end emerges clearly from this volume: it should be able to explain how modern economies came about through historically contingent processes and it should provide us with a deeper understanding of the economic challenges that lie ahead. I recommend leaving the introductory chapter for the end. Visit straight away the individual scholars' workshops, which are filled with many marvelous insights. Johann Peter Murmann, Kellogg School of Management, Northwestern University