ABSTRACT

So far, we have furnished the analytical foundations of this framework in terms of the concepts of rules, carriers operations and trajectories. We have indicated that all evolutionary analysis is ultimately a generic analysis in the sense of the study of coordination and change in rules. Furthermore, we have indicated how this naturally leads to a micro meso macro framework that is centered about a meso unit, as a rule and its carrier population, and a meso trajectory, as the origination, adoption and retention of the rule into a population.1

The economic system is in this way made of meso units and has both rule structure and population structure. Economic evolution is the process of generic change and re-coordination.