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David Colander Complexity and the History of Economic Thought Perspectives on the History of Economic Thought 2000

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Complexity and the History of Economic Thought Recently a new approach to science has developed. It is called the complexity approach. A number of researchers, such as Brian Arthur and Buz Brock, have used this approach to consider issues in economics. This volume considers the complexity approach to economics from a history of thought and methodological perspective. It finds that the ideas underlying complexity have been around for a long time, and that this new work in complexity ha
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  Complexity and the History of Economic Thought Recently a new approach to science has developed. It is called the complexityapproach. A number of researchers, such as Brian Arthur and Buz Brock,have used this approach to consider issues in economics. This volumeconsiders the complexity approach to economics from a history of thoughtand methodological perspective. It finds that the ideas underlying complexityhave been around for a long time, and that this new work in complexity hasmany precursors in the history of economic thought.This book consists of twelve studies on the issue of complexity and thehistory of economic thought. The studies relate complexity to the ideas of specific economists such as Adam Smith, Karl Marx, Alfred Marshall andRagnar Frisch as well as to specific schools of economics such as the Austrianand Institutionalist schools.The result of looking at the history of economic thought from acomplexity perspective not only gives us additional insight into thecomplexity vision, it also gives insight into the history of economic thought.When that history is viewed from a complexity perspective, the rankings of past economists change. Smith and Hayek move up in the rankings whileRicardo moves down.  COMPLEXITY AND THEHISTORY OF ECONOMICTHOUGHT   Perspectives on the history of economic thought Selected papers from the History of Economics SocietyConference, 1998 Edited by David Colander London and New York
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