Two New Books on Economic Growth

13 October 2010 at 2:47 pm 1 comment

| Dick Langlois |

In addition to the review of Doug Puffert’s book that Peter discusses in his most recent post, has also just issued reviews of two books on economic growth that should be of interest to O&M readers. One is of Michael Heller’s Capitalism, Institutions, and Economic Development. I hope this one gets wide circulation despite being an expensive Routledge title. The other is of Matt Ridley’s The Rational Optimist: How Prosperity Evolves. That one should get a lot of attention.

Entry filed under: - Langlois -, Business/Economic History, Evolutionary Economics, Innovation, Institutions.

Lock-In, Path Dependence, and Efficiency: Railway Gauge Edition Diamond-Dybvig (1983) and the Financial Crisis

1 Comment Add your own

  • 1. paul e.  |  13 October 2010 at 10:05 pm

    William Easterly was less effusive in his New York Times review of Ridley’s work back in June.
    (The book also reminds me a bit of Robert Wright’s book Nonzero from about a decade ago.)
    But I applaud the approach. I think the way to teach economics is from a world history/ cultural evolution perspective. Obviously economic theory is itself part of that cultural evolution and students should be taught that. The book that does all this that satisfactorily is yet to be written. But a combination of the work of Boyd and Richerson and Gintis and Bowles, Jared Diamond, Ridley, Eric Bockheimer as well as Paul Seabright would get you a long way.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Nicolai J. Foss | home | posts
Peter G. Klein | home | posts
Richard Langlois | home | posts
Lasse B. Lien | home | posts


Former Guests | posts


Recent Posts



Our Recent Books

Nicolai J. Foss and Peter G. Klein, Organizing Entrepreneurial Judgment: A New Approach to the Firm (Cambridge University Press, 2012).
Peter G. Klein and Micheal E. Sykuta, eds., The Elgar Companion to Transaction Cost Economics (Edward Elgar, 2010).
Peter G. Klein, The Capitalist and the Entrepreneur: Essays on Organizations and Markets (Mises Institute, 2010).
Richard N. Langlois, The Dynamics of Industrial Capitalism: Schumpeter, Chandler, and the New Economy (Routledge, 2007).
Nicolai J. Foss, Strategy, Economic Organization, and the Knowledge Economy: The Coordination of Firms and Resources (Oxford University Press, 2005).
Raghu Garud, Arun Kumaraswamy, and Richard N. Langlois, eds., Managing in the Modular Age: Architectures, Networks and Organizations (Blackwell, 2003).
Nicolai J. Foss and Peter G. Klein, eds., Entrepreneurship and the Firm: Austrian Perspectives on Economic Organization (Elgar, 2002).
Nicolai J. Foss and Volker Mahnke, eds., Competence, Governance, and Entrepreneurship: Advances in Economic Strategy Research (Oxford, 2000).
Nicolai J. Foss and Paul L. Robertson, eds., Resources, Technology, and Strategy: Explorations in the Resource-based Perspective (Routledge, 2000).

%d bloggers like this: