 Chris Freeman's concept of evolution–A critique of the misuse of biological analogies in macroeconomicsFrancisco Louçã and Ricardo Cabral Research Policy, 2021, vol. 50, issue 9 Abstract: On the occasion of the centenary of the birth of Chris Freeman, this paper presents an overview and analyzes his concept of economic evolution and his other contributions to the field of economics. Chris Freeman was one of the leading economists in the field of evolutionary economics during the second half of the twentieth century. Together with Richard Nelson and Sidney Winter, as well as a number of other scholars, he contributed to establishing and developing a research program which extends from opening the black box of innovation through to the macroeconomic implications of long-term changes in the economy, technology and social organization. Additionally, Freeman suggested a new macroeconomic foundation for microeconomics – the unfinished legacy of our science. The chapter investigates how these foundations were developed as a critical view of inadequate metaphors from biology. Keywords: Evolutionary economics; Christopher Freeman; Darwinism; Lamarck; Selection; JEL: B25, B52, O33 (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:50:y:2021:i:9:s0048733321001232 DOI: 10.1016/j.respol.2021.104322 Access Statistics for this article Research Policy is currently edited by M. Bell, B. Martin, W.E. Steinmueller, A. Arora, M. Callon, M. Kenney, S. Kuhlmann, Keun Lee and F. Murray More articles in Research Policy from Elsevier |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.