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Neo-classical Economics and Neo-Darwinism: Clearing the Way for Historical Thinking

In: Economics as Worldly Philosophy

Author

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  • Elias L. Khalil

Abstract

In his contributions to different fields of economics, Professor Robert L. Heilbroner has advanced many arguments, but the one which made the most lasting impression on me is his call to exploit the capabilities of economics for the study of large-scale historical change. His advice as a teacher was unambiguous: one should not seek guidance from neo-classical economics, since it is ahistorical. The great worldly philosophers of the not too distant past are the proper guides to follow. This calls for a return to an older tradition of grand visions of historical evolution.

Suggested Citation

  • Elias L. Khalil, 1993. "Neo-classical Economics and Neo-Darwinism: Clearing the Way for Historical Thinking," Palgrave Macmillan Books, in: Ron Blackwell & Jaspal Chatha & Edward J. Nell (ed.), Economics as Worldly Philosophy, chapter 3, pages 22-72, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-22572-9_3
    DOI: 10.1007/978-1-349-22572-9_3
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    Citations

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    Cited by:

    1. Khalil, Elias L., 1998. "The five careers of the biological metaphor in economic theory," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 27(1), pages 29-52.
    2. Elias Khalil, 2000. "Survival of the Most Foolish of Fools: The Limits of Evolutionary Selection Theory," Journal of Bioeconomics, Springer, vol. 2(3), pages 203-220, October.
    3. Elias Khalil, 2001. "A transactional view of entrepreneurship: a Deweyan approach," Journal of Economic Methodology, Taylor & Francis Journals, vol. 10(2), pages 161-179.
    4. Khalil, Elias L., 1996. "Evolution and efficiency: An inquiry into the foundations of 'new institutional economics' : Jack J. Vromen, (Routledge, London, 1995) pp. 240, [UK pound]14.99," Journal of Economic Behavior & Organization, Elsevier, vol. 30(1), pages 138-141, July.

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