Evolutionary economics provides a self-organizing, stabilizing mechanism without relying on mechanic equilibria. However, there are substantial differences between the genetic evolutionary biology and ...

Recently, Assistant Professor Liu Zhengwen and Professor Zhang Bo of the School of Economics, together with Professor Justin Yifu Lin from the Institute of New Structural Economics and National School ...

Human behavior drives the evolution of biological organisms in ways that can profoundly adversely impact human welfare. Understanding people's incentives when they do so is essential to identify ...

Incentives do matter, and to suggest otherwise is to betray basic principles of economics. In the 1980s, the inventive rock band Devo put forward the theory that mankind was experiencing de-evolution ...

Economics, history and the evolution of life are governed by the same underlying principles, implying predictable trends in all three areas, according to a new book by Geerat Vermeij, distinguished ...

Money is a powerful force in human life and affairs. Its very power gives pause to those who look to evolution for full explanations of human behavior, because money has not existed long enough to ...