A comprehensive reference that introduces the major concepts and leading contributors in the field of institutional and evolutionary economics in 176 entries of about 2,000 words or less by
European and North American scholars. Several entries assess evolutionary and institutional aspects in the work of otherwise orthodox political economists, such as Adam Smith, Alfred Marshall,
Joseph Schumpeter, and Friedrich A. Hayek. Although some attention is given to the critique of mainstream neoclassical economics, the primary focus is on the affirmative presentation of
institutional and evolutionary economics as alternatives to both the neoclassical and Marxian schools. An important feature of the work is the inclusion of a large number of entries addressing
the foundations of inquiry into political economy. Explicitly directed toward advanced undergraduate and graduate students, but social scientists and government policy makers should also find
much of interest and value. Annotation copyright Book News, Inc. Portland, Or.
