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   Evolution and Institutions:

   On Evolutionary Economics and the Evolution of Economics


     Still available. Edward Elgar, Cheltenham, 1999.

     ISBN 1-85898-813-6 (hbk) ISBN 1-85898-824-1 (pbk)

     (Also in Chinese edition.)


Professor Malcolm Rutherford (University of Victoria, Canada), Journal of Economic Issues, September, 2000.

 “It is a valuable addition to recent institutional economics. Perhaps what sets Hodgson’s work apart is that while he is very aware of a large and diverse historical literature that deals with institutional and evolutionary economics, and looks to it explicitly for inspiration and suggestion, he is not bound to any particular authority other than his own critical capacity. … Hodgson’s openness to ideas is itself one of the most important contributions to this thought provoking book.”

Professor John E. Peters (University of Southern California), South African Journal of International Affairs, Summer, 2000.

 “the book quite convincingly demonstrates that a thorough grounding in both the history of economic thought and economic history more generally is central to clear understanding of where economics has been and where it is going. … The book would be useful reading for professional economists, graduate students and advanced undergraduates.”

Professor Christopher Freeman (Sussex University), Research Policy30(8), 2001, pp 1344-50.

“Hodgson develops his historical analysis with great subtlety, taking account of the interactions between various disciplines in the social sciences as well as inter-country influences.”

Professor Jack Vromen (Erasmus University Rotterdam), History of Political Economy33(1), Spring 2001, pp 190-2.

“The above overview hopefully gives a flavour of the stunning richness of Hodgson’s book … Hodgson undauntedly puts big issues back on the research agenda.”

Professor Mauro Lombardi (University of Florence) ‘Rethinking Economics with Hodgson’s Evolution and Institutions’, History of Economic Ideas, 9(3), 2001, pp. 245-65.

“rich and suggestive … One of the …most relevant features of Hodgson’s evolutionary approach is the development of population thinking. … Hodgson clearly shows how the concept of habit is crucial for defining institutions … This synthetic exposition of theoretical approaches highlights the importance of the topics discussed in Evolution and Institutions …”

Dr Stephen Dunn (UK Department of Health), Review of Political Economy14(1), 2002, pp 134-38.

“an excellent volume that deserves a place on every economist’s bookshelf … there is much intellectual nourishment to be had from it.”

Professor Richard P. F. Holt (Southern Oregon University), Journal of Economic Behavior and Organization, 48(2), June 2002, pp. 219-20.

 “The power behind this book is its breath and desire to give not just a critique of neoclassical economics, but to provide an alternative approach to doing and understanding economics. … Hodgson does an excellent job of providing us with insights into the limitation of neoclassical economics and a clear direction of where we need to go and questions we need to ask to understand the dynamic and evolutionary nature of economics.”