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Evolutionary economics vs. future

Published by on juni 28, 2010 at 6:19 e m

History is full of knowledge produced by big thinkers.

If the change occurs constantly in the economy, then some kind of evolutionary process must be in act, and there has been a proposal that this process is Darwinian in nature.
Richard Nelson and Sidney Winter

History is also a construction of its context. Future is more interesting than history, still we have a tendency to get stuck in our history. That might be the reason for why we still have T-Rex’s running around in business life. In other words, evolutionary economics have become stuck in old economical models.