ABSTRACT
Kenneth Boulding’s evolutionary perspective is basically a quasi-biological model that he applies to developing an image of the process of change for the whole universe. This perspective is presented in Ecodynamics: A New Theory of Societal Evolution (1978). However, in Evolutionary Economics (1981), he seeks the economic implications of biological and societal evolution. The difference between societal and economic evolution is: economic evolution is a subset and primarily focuses on the societal activities of production, consumption, distribution, and the exchange of goods.
