ABSTRACT
Today we can learn much about the radical change in perspective from Schumpeter. But he would have been the first to admit that there is a long way from an evolutionary perspective and a personally coloured theory to a viable form of evolutionary economics. On the way to what may be called a new evolutionary economics, we need much more than a ‘dialogue’ with Schumpeter and other representatives of what may be labelled old evolutionary economics.2 In the present book it will be argued that:
A viable new evolutionary economics is characterised by (1) a population perspective, (2) an empirical orientation, (3) a mix of an algorithmic and a fully formal approach,3 and (4) a ‘dialogue’ with older, verbal studies of economic evolution.
