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The Atlantic Economy during the Seventeenth and Eighteenth Centuries is a collection of essays focusing on the expansion, elaboration, and increasing integrati...
powerfully how we will all eventually live if economic growth continues. 2 . Anyone who has visited the British Museum or the Sistine Chapel, for ex ample, has had a foretaste of the relentless tide of tourism set to be unleashed on the world by another few decades of strong economic growth. 3 . Even the
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Feb 18, 2019 · Pdf_module_version 0.0.19 Ppi 300 Republisher_date 20190219105325 Republisher_operator associate-camela-sevilla@archive.org Republisher_time 353 Scandate 20190218161637 Scanner station05.cebu.archive.org Scanningcenter cebu
- Nathan Nunna,b
- 3.2 The benefits of cultural evolution
- 3.3 Insights from a recognition of history as evolution
- 3.3.2.1 Innovation and the collective brain
- 3.3.3 How and why history matters
- + (1 − x)ΠE(x).
- 3.5 Conclusions
aHarvard University, Cambridge, MA, United States bCanadian Institute for Advanced Research (CIFAR), Toronto, ON, Canada
The standard definition of ‘culture’ from evolutionary anthropology defines culture as the knowledge, technology, values, beliefs, and norms that can be transmitted across generations and between indi-viduals (e.g., Boyd and Richerson, 1985). There are numerous examples of cultural traits that vary by context: religious/supernatural beliefs, views ...
I now turn to a discussion of how an evolutionary framework provides a range of insights relevant for economics. At this point, a few caveats are in order. Although I have organized these insights into subsections, the ideas do not necessarily flow from one subsection to the next. These should be thought of as disparate insights that have come to m...
To drive home the similarity of cultural transmission and knowledge accumulation, both empirically and theoretically, I will compare two ways of thinking about knowledge. One will be familiar to the reader and is at the center of endogenous growth theory. The other, which will be less familiar, is from evolutionary anthropology and emphasizes the f...
As we have noted, an important aspect of cultural evolution is that it is cumulative. As with biological evolution, the benefit of any possible mutation (and what the optimal next improvement is) depends on the current state of the organism and the environment. In addition, progress must be made in a series of incremental steps (one is not able to ...
Given this dynamic, which formalizes the notion that cultural evolution is incremental and cumu-lative, a number of insights emerge. The first is that one of the three Nash equilibria above is unstable. This is the equilibrium marked xB. It is straightforward to verify that a slight change in x either above or below xB will generate movements in x ...
In this chapter, I provided an overview of the insights that emerge when history is viewed through an evolutionary lens. The first part of the chapter discussed the theory and empirical evidence for the benefits of cultural evolution. The primary advantage of culture is that it allows one to conserve on in-formation acquisition costs and to tap int...
But Classical economics did become the ruling system, and for half a century up to 1850 it completely dominated economic thought. Although there can be little doubt that its influence declined from that date, delin-eation of the end of the era is, again, far from easy. It is tempting to select
The article then examines a series of works that analyze the impact of politics on economic thought, how economic thought inspired literature, the interplay of economic thought and religion, and how those who were not economic literati viewed the economy. See Full PDF. Download PDF. Nova Economia.
View. Buy This Book in Print. summary. The Atlantic Economy during the Seventeenth and Eighteenth Centuries is a collection of essays focusing on the expansion, elaboration, and increasing integration of the economy of the Atlantic basin—comprising parts of Europe, West Africa, and the Americas—during the seventeenth and eighteenth centuries.
