عنوان

An ecosystem approach to economic stabilization :

(Number (ISBN

1138831867

(Number (ISBN

9781138831865

Erroneous ISBN

9781315736334

Number

dltt

Title Proper

An ecosystem approach to economic stabilization :

General Material Designation

[Book]

Other Title Information

escaping the neoliberal wilderness /

First Statement of Responsibility

Rodrick Wallace.

Specific Material Designation and Extent of Item

xii, 162 pages :

Other Physical Details

illustrations ;

Dimensions

24 cm.

Series Title

Routledge advances in heterodox economics ;

Volume Designation

21

Text of Note

Includes bibliographical references (pages 150-160) and index.

Text of Note

"The creation of economic institutions that can function well under substantial uncertainties -- Black Swans -- is analogous to the dilemmas confronting our hunter-gatherer forefathers in the face of large-scale ecological unpredictability. The ultimate solution was not the development of a super hunter-gatherer technology that could ride out repeated catastrophe, but rather the invention, in neolithic times, of culturally-adapted 'farmed' ecosystems constructed to maximize food yield and minimize risks of famine. Recent advances in evolutionary and ecosystem theory applied to economic structure and process may permit construction of both new economic theory and new tools for data analysis that can help in the design of more robust economic institutions. This may result in less frequent and less disruptive transitions, and enable the design of culturally-specific systems less affected by those that do occur. This unique and innovative book applies cutting-edge methods from cognitive science and evolutionary theory to the problem of the necessary stabilization of economic processes. At the core of this book is the establishment of a statistics-like toolbox for the study of empirical data that is consistent with generalized evolutionary approaches. This toolbox enables the construction of both new economic theories and methods of data analysis that can help in the design of more robust economic institutions. This in turn will result in less frequent and less disruptive Black Swans, and enable as well the design of culturally-specific systems less affected by those that do occur"--

Ecology-- Economic aspects.

Economic stabilization.

Evolutionary economics.

BUSINESS & ECONOMICS / General.

Ecology-- Economic aspects.

Economic stabilization.

Evolutionary economics.

Class number

System Code

Wallace, Rodrick

Date of Transaction

20150604043400.0

Cataloguing Rules (Descriptive Conventions))

rda

Electronic name

[Book]

Y