Like anything in the mainstream press, tantalisingly short on
detail. I argued back in 1996 that Economics needs to take on an
evolutionary outlook in a paper that was ultimately published in
2000. Indeed, I used the same Mashallian quote mentioned in  the article:

Standish, R.K. (2000) ``The Role of Innovation within Economics'', in
Commerce, Complexity and Evolution, Barnett, W. et al (eds) (Cambridge
University Press, New York), pp61-79. arXiv:nlin.AO/0007005

The reason why evolutionary economics has not taken off that much is
that not enough bright minds are focussed on the problem, and
economics is not the same as biology - excessive use of analogy
actually clouds understanding.

On Tue, Jul 25, 2006 at 06:40:29PM -0600, Tom Johnson wrote:
> Of interest to the list, I hope.
> >From the current issue of The Economist:
> The Cambrian age of
> economics<http://www.economist.com/finance/displaystory.cfm?story_id=7189617>
> Evolutionary economics is surviving, but not thriving
> 
> http://www.economist.com/finance/displaystory.cfm?story_id=7189617
> 
> -- tj
> 
> ==========================================
> J. T. Johnson
> Institute for Analytic Journalism -- Santa Fe, NM USA
> www.analyticjournalism.com
> 505.577.6482(c)                                 505.473.9646(h)
> http://www.jtjohnson.com               [EMAIL PROTECTED]
> 
> "You never change things by fighting the existing reality.
> To change something, build a new model that makes the
> existing model obsolete."
>                                                   -- Buckminster Fuller
> ==========================================

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-- 
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