Evolutionary Theory of Economic Change

by Richard R. Nelson and Sidney G. Winter

Book Overview

This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Richard R. Nelson and Sidney G. 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...

• Format: Paperback
• Language: English
• ISBN: 0674272285
• ISBN13: 9780674272286
• Release Date: August 2006
• Publisher: Belknap Press
• Length: 454 Pages
• Weight: 1.45 lbs.
• Dimensions: 0.9" x 6.4" x 9.0"