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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
Economics.
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Evolutionary economics.
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Information theory in economics.
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Institutional economics.
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Knowledge, Theory of.
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Information theory in economics
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Economics
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Knowledge, Theory of
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Institutional economics
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Evolutionary economics
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Business & Economics
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Economic Theory
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Methodology
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Epistemology
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Theory of knowledge
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Economic theory
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Political economy
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Economic cybernetics
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Philosophy
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Psychology
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Social sciences
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Economic man
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Econometrics
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International economic relations
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Methodology of economics
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Economic schools
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Methodology.
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