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...