The Evolutionary Economics: A Systemic Chapter of the Economic Theory?
CEDEPLAR Working Paper No. 150
27 Pages Posted: 11 Apr 2001
Date Written: November 2000
Several authors have detected a paradigm shift in contemporary science: from a reductionist or mechanicist approach to a holistic or systemic one. This transition in paradigms should be perceptible in several disciplines, starting in biology and extending itself to others areas. In light of the origins and main characteristics of the evolutionary economics, this article discusses whether it is possible to recognize the emergence of a new paradigm in economics. The evidences provided, it is argued, allow us to state the existence of a systemic approach in economic thought.
Note: Paper available in Portuguese only.
Keywords: Evolutionary economics, reductionism, system theories, economic methodology
JEL Classification: B25, B40, A12
Suggested Citation: Suggested Citation