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Why Were Biological Analogies in Economics "A Bad Thing"? : Edith Penrose's Battles against Social Darwinism and McCarthyism in Science in Context
Levallois, Clément , 20111201 - 465-485 P.
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The heuristic value of evolutionary biology for economics is still much under debate. We suggest that in addition to analytical considerations, socio-cultural values can well be at stake in this issue. To demonstrate it, we use a historical case and ...
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Can de-growth be considered a policy option? : A historical note on Nicholas Georgescu-Roegen and the Club of Rome in Ecological Economics
Levallois, Clément , 20100901 - 2271-2278 P.
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At a few months' interval, Georgescu-Roegen's The Entropy Law and the Economic Process (1971) and Club of Rome's Limits to Growth (1972) were published. Both emphasized the dangers of economic growth, and both drew negative reactions from mainstream ...
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One Analogy Can Hide Another : Physics and Biology in Alchian's "Economic Natural Selection" in History of Political Economy
Levallois, Clément , 20090301 - 163-181 P.
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Today, Alchian's “Uncertainty, Evolution, and Economic Theory” (1950) is hailed by evolutionary economists as a most important piece that resumed an evolutionary brand of theorizing in economics after the eclipse of the interwar period. On the other ...