Evolutionary economics sees the economy as always in motion with change being driven largely by continuing innovation. This approach to economics, heavily influenced by the work of Joseph Schumpeter, saw a revival as an alternative way of thinking about economic advancement as a result of Richard Nelson and Sidney Winter's seminal book, An Evolutionary Theory of Economic Change, first published in 1982. In this long-awaited follow-up, Nelson is joined by leading figures in the field of evolutionary economics, reviewing in detail how this perspective has been manifest in various areas of economic inquiry where evolutionary economists have been active. Providing the perfect overview for interested economists and social scientists, readers will learn how in each of the diverse fields featured, evolutionary economics has enabled an improved understanding of how and why economic progress occurs.

The book on Susan Haack's philosophy is a welcome achievement in a grand tradition, as in the series of volumes of 'The Library of Living Philosophers.' Here, too, the multifaceted contributions by a distinguished philosopher are analyzed in turn by nearly a score of feisty scholars, each of whom then is answered by Susan Haack's illuminating reply. Altogether, a feast.-GERALD HOLTON, Mallinckrodt Research Professor of Physics; Research Professor of History of Science, Harvard University; Author of Thematic Origins of Scientific Thought: Kepler to Einsteinand Science and Anti-ScienceAs is well known, Susan Haack combines the fullest technical professionalism in philosophy with a commitment to vigorous participation in debate on large public issues. Her special gift is her ability to bring the former to bear on the latter. This well-conceived collection brings out the force and energy of her thinking.-LORD ANTHONY QUINTON, Former President of Trinity College, Oxford; Former Chairman of the British Library Board and the author of HumeIn this critical appraisal of the work of philosopher Susan Haack, editor Cornelis de Waal has assembled sixteen original essays from outstanding international contributors together with responses from Haack on the points raised. The contributors address most of Haack's key publications, from her early writings on metaphysics to her most recent work in the philosophy of science and the philosophy of law. Topics include: the revisability of logic, the role of emotion in reasoning, scientific integrity, postmodernism and the law, the relation of science to religion, preferential hiring, multiple aspects of Haack's foundherentism, and her crossword analogy.The volume also includes an extensive interview with Haack, which traces the development of her thought, and a complete bibliography of her work.For anyone seeking a better understanding of the work of this important philosopher, this unique collection offers many invaluable insights.Cornelis de Waal (Indianapolis, IN) is associate editor at the Peirce Edition Project and associate professor of philosophy, both at Indiana University-Purdue University Indianapolis. He is the author of On Pragmatism, On Mead, and On Peirce in the Wadsworth Philosophers Series; the editor of American New Realism 1910-1920; and the assistant editor of Writings of Charles S. Peirce: A Chronological Edition, Volume 6: 1886-1890.

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.

A timeless classic of economic theory that remains fascinating and pertinent today, this is Frank Knight's famous explanation of why perfect competition cannot eliminate profits, the important differences between "risk" and "uncertainty," and the vital role of the entrepreneur in profitmaking. Based on Knight's PhD dissertation, this 1921 work, balancing theory with fact to come to stunning insights, is a distinct pleasure to read. FRANK H. KNIGHT (1885-1972) is considered by some the greatest American scholar of economics of the 20th century. An economics professor at the University of Chicago from 1927 until 1955, he was one of the founders of the Chicago school of economics, which influenced Milton Friedman and George Stigler.

This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature. On the one hand, the former refers to the structure, organization and boundaries of the firm, while the latter is devoted to the analysis of behaviours and strategies in particular market contexts. the novel concept underpinning this authoritative volume is that these two areas closely interact, and that a framework must be articulated in order to illustrate how linkages can be created. This interpretative framework is comprehensively developed in the editors' introduction, and the expert contributors – more than fifty academics of renowned authority – further elaborate on the linkages in the seven comprehensive sections that follow, encompassing: background; equilibrium and new institutional theories; the multinational firm; dynamic approaches to the firm; modern issues; firms' strategies; and economic policy and the firm. Bridging economics and theory of the firm, and providing both technical and institutional perspectives on real corporations, this path-breaking Handbook will prove an invaluable resource for academics, researchers and students in the fields of economics, heterodox economics, business and management, and industrial organization.

The meeting objectives included providing an overview of the current status of insecticide resistance and resistance management practices, as well as of the ways in which economic principles can be applied to value insecticide susceptibility. The main target audiences were National Malaria Control Programs, their implementing partner organizations and donors.

Volume 14 addresses the central issue of entrepreneurial action: while many factors are important to the phenomenon of entrepreneurship, entrepreneurship does not happen until someone takes action!