Contents:
PART I INTRODUCTION
1 Institutions and evolution of capitalism in Geoff Hodgson’s
work 2
Francesca Gagliardi and David Gindis
PART II FOUNDATIONS
2 Geoff Hodgson on pluralism and historical specificity 14
Sheila C. Dow
3 Mathematical modelling in economics: seeking a rationale 29
Tony Lawson
4 Dissembling nature, elusive economy 44
Philip Mirowski
5 The rest of the resume: Veblen’s teaching and service activities
62
Charles Camic
6 Hodgson, cumulative causation and reflexive economic agents
78
John B. Davis
PART III INSTITUTIONAL ECONOMICS
7 Bridging Original and New Institutional Economics? 93
John Groenewegen
8 Dimensionalizing institutions 110
Claude Ménard
9 Juridical ontology and the theory of the firm 127
Simon Deakin
10 The corporation is not a nexus of contracts: it’s an iPhone
142
Richard N. Langlois
11 Property, possession and knowledge 157
Ugo Pagano
12 Near misses – a capitalist aborted take-off and a no-show:
the
United Provinces and Ming China 178
Andrew Tylecote
13 Institutions are neither autistic maximizers nor flocks of
birds:
self-organization, power and learning in human organizations
194
Giovanni Dosi, Luigi Marengo and Alessandro Nuvolari
PART IV EVOLUTIONARY ECONOMICS
14 Industry and Trade : Marshall’s magnificent dynamics 215
J. Stanley Metcalfe
15 Generalized Darwinism, the nature of selection and market
efficiency
231
J.W. Stoelhorst
16 Cultural evolution, group selection and downward causation
250
Viktor J. Vanberg
17 Generalized Darwinism, routines and morality 264
Jack Vromen
18 The ubiquity of habits and routines and their contribution
to
management theory 282
Markus C. Becker
19 The role of selection processes in organizational evolution
299
Thorbjørn Knudsen
20 Why is evolutionary economics not an empirical science? 314
Kurt Dopfer and Jason Potts
PART V GEOFF HODGSON ON GEOFF HODGSON
21 A conversation with Geoff Hodgson 328
Francesca Gagliardi, David Gindis and Geoffrey M. Hodgson
Index 353
Edited by Francesca Gagliardi, University of Hertfordshire and David Gindis, University of Warwick, UK
'We are in an era when fundamental debates about the nature of the
economy and economics are not mere academic curiosities but an
urgent necessity for society. Long-dominant theories have crumbled
and major challenges loom. Bold new thinking is required and few
have been bolder than Geoffrey Hodgson. This volume, by a
distinguished group of scholars, gives new insights into Hodgson's
decades-long body of work and will surely spark new ideas and
debate. The economy is an evolutionary system and someday future
historians will say ''Hodgson was right.'''
--Eric Beinhocker, University of Oxford, UK and author of The
Origin of Wealth'This impressive collection is a fitting tribute to
Geoff Hodgson, with substantial contributions from senior
colleagues covering the many areas in economics in which he has
worked over the course of a long and successful career.'
--Jochen Runde, University of Cambridge, UK'Geoffrey Hodgson has
for some time been one of the most creative and provocative writers
arguing for a more evolutionary economics that paid more attention
to the institutions driving and molding economic change. This
collection of essays in his honor is of broad scope and high
quality. They provide a pleasurable, informative read.'
--Richard R. Nelson, Columbia University, US
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