Economic evolution is said to occur when economic structures change. That is, when the institutional and/or technological rules of a society are replaced by new ones. As with evolutionary phenomena in other fields it is rather impossible to predict such a change. The reason is that economic...

The history of Economic Theory shows in several stages the influence of Thermodynamics. The analogies between economic systems and thermodynamic systems are at the same time quite obvious and misleading. Important thermodynamic notions lack of counterparts in Economics, making the goal of...