The focus of evolutionary economics is a process of continuous economic and organizational change. Currently there is no agreement on the explanation of economic evolution. Rather there are competing interpretations. To achieve a common understanding of economic evolution, from the perspective...

After showing different criteria for assessing economic theories and in general terms the growth of (economic) knowledge, the essentials of classical British economic theory (Political Economy) are outlined. Next the scientific career and the genesis of the works of Ricardo are dealt with. The...