A critical realist interpretation of evolutionary growth theorising

Fulvio Castellacci

Cambridge Journal of Economics, 2006, vol. 30, issue 6, 861-880

Abstract: The paper discusses a critical realist interpretation of evolutionary growth theorising by focusing on some of its basic characteristics. The evolutionary ontology is complex, differentiated, structured, systemic, open, ever-changing and radically uncertain. Its methodology tends to be increasingly based on 'appreciative' theorising, retroductive explanations and interdisciplinary analysis. After discussing these features, the paper suggests that critical realism may indeed constitute an important philosophical and methodological foundation for the future development of evolutionary theories of economic growth. Copyright 2006, Oxford University Press.

Date: 2006
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