November 11, 2006
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The prolific Geoffrey Hodgson has published a new book. Economics in the Shadows of Darwin and Marx:Essays on Institutional and Evolutionary Themes. Hodgson explains the reason for the book: Darwin and Marx stand out as the supreme theorists of structural change in complex living systems. Yet their analytical approaches are very different, and the idea that Darwinism has application to the social sciences is not widely appreciated. This collection of essays establishes the importance of Darwinism for economics and other social sciences, and compares the Darwinian legacy with that of Marx. Among the tendencies within economics influenced by Marxism that are dissected here is modern critical realism. The final part of the book adopts a Darwinian evolutionary approach to the analysis of institutions and routines. See Table of Conents.
