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

Cerqueira, Hugo Eduardo Araujo da Gama, The Evolutionary Economics: A Systemic Chapter of the Economic Theory? (November 2000). CEDEPLAR Working Paper No. 150, Available at SSRN: or

Hugo Eduardo Araujo da Gama Cerqueira (Contact Author)

Universidade Federal de Minas Gerais ( email )

Av. Antonio Carlos, 6627
Faculdade de Ciências Econômicas
Belo Horizonte, Minas Gerais 31270-901

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