This reader gathers together contributions from authors in the field of institutional and evolutionary economics. The emphasis is on key concepts such as learning, trust power, pricing and markets, with essays devoted to methodology and others to the comparison of different forms of capitalism

Contents: Part I -- Introduction -- 1: Institutions and evolution of capitalism in Geoff Hodgson's work / Francesca Gagliardi and David Gindis -- Part II: Foundations -- 2: Geoff hodgson on pluralism and historical specificity / Sheila C. Dow -- 3: Mathematical modelling in economics: Seeking a...

The appropriate role of mathematics in economics has been controversial for two hundred years, and has been a matter of ongoing debate as economics became more mathematical after the Second World War. Controversy has been heightened after extensive criticisms of models used for analysis,...

J.W. Stoelhorst (2007), 'The Naturalist View of Universal Darwinism: An Application to the Evolutionary Theory of the Firm', in Geoffrey Hodgson (ed) (ed.), The Evolution of Economic Institutions: A Critical Reader, Chapter 13, Cheltenham, UK and Northampton, MA: Edward Elgar, 233-51 -- Geoffrey...