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The first book to chart the development of the field of evolutionary economics, this book provides an integrated generic framework to define the rules of an economic system; how they are coordinated and the causes and consequences of their change.

Packed with pedagogical features including essay and tutorial questions, case studies and an extensive bibliography, this book:

• proposes a new analytic framework for the study of the nature and causes of long run economic growth and development in market systems
• analyzes the foundations of the neoclassical...

Charts the development of the field of evolutionary economics. This book provides an integrated generic framework to define the rules of an economic system; how they are coordinated and the causes and consequences of their change. It focuses on an open-sys