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Economics in the Shadows of Darwin and Marx examines the legacies of these two giants of thought for the social sciences in the twenty-first century.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. Critical realism is just one of the tendencies within economics influenced by Marxism that is dissected here. The final part of the book adopts a Darwinian evolutionary approach to the analysis of institutions and routines. Geoffrey Hodgson's book will be warmly welcomed and received by evolutionary and institutional economists, methodologists of economics and other social sciences, heterodox economists as well as other social scientists including economic sociologists, organisation scientists and political scientists.
Geoffrey M. Hodgson, Emeritus Professor, Loughborough University London, UK
Contents: Preface 1. Introduction Part I: Marxism, Darwinism, Institutionalism 2. Darwin and Marx at the Crossroads 3. Social Darwinism in Anglophone Academic Journals 4. Institutionalism versus Marxism: A Debate with Alex Callinicos Part II: Three Essays on Critical Realism 5. The Uncritical Political Affinities of Critical Realism 6. Contestable Claims by Critical Realism in Economics 7. The Problem of Formalism in Economics Part III: Habits and Individuals: Routines and Institutions 8. What are Institutions? 9. The Hidden Persuaders 10. The Complex Evolution of a Simple Traffic Convention 11. The Nature and Replication of Routines References Index
'As always with Hodgson's work, it is erudite and well referenced to a huge range of authors.'