Leading evolutionary economists explain how thinking in evolutionary terms can enhance our understanding of economic and social change. Highlighting recent advances in the field, this book shows how the evolutionary approach is increasingly expanding into ever more domains of economics.

Shows how thinking in evolutionary terms enhances our understanding of the economic and social change taking place at all levels.

Advance praise: 'More than one century after Thorsten Veblen coined the label evolutionary economics there is still no consensus on what constitutes the core of an evolutionary approach in economics. This volume will be welcome by readers interested in learning about the current state of the field and its prospective development. The essays collected represent the principal versions of evolutionary thinking in contemporary economics, covering methodological, theoretical and normative issues. The editors' Introduction provides helpful guidance in tracing the history of the field, placing the collected essays into a broader context and pointing to prospects for theoretical convergence and integration.' Viktor J. Vanberg, University of Freiburg, Germany