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dc.contributor.authorWitt, Ulrich
dc.date.accessioned2019-03-19T00:07:31Z
dc.date.available2019-03-19T00:07:31Z
dc.date.issued2015
dc.identifier.issn17441374en_US
dc.identifier.doi10.1017/S1744137414000423en_US
dc.identifier.urihttp://hdl.handle.net/10072/102460
dc.description.abstractWith its ability to incessantly create new actions and innovations the economy presents itself as an open, evolving (self-transforming) system. In their ‘economics for a creative world’ Koppl et al. (2014) try to account for the features of that system and discuss methodological consequences for its analysis. Claiming that ‘ . . . novelty and innovation are uncaused’ and that ‘ . . . no laws entail the evolution of the econosphere’ they hold that fundamental scientific principles do not apply. In the present comment it will be argued that both claims are difficult to defend. Causality and law-like hypotheses also apply to novelty and innovation.en_US
dc.description.peerreviewedYesen_US
dc.languageEnglishen_US
dc.publisherCambridge University Pressen_US
dc.publisher.placeUnited Kingdomen_US
dc.relation.ispartofpagefrom55en_US
dc.relation.ispartofpageto60en_US
dc.relation.ispartofissue1en_US
dc.relation.ispartofjournalJournal of Institutional Economicsen_US
dc.relation.ispartofvolume11en_US
dc.subject.fieldofresearchApplied Economics not elsewhere classifieden_US
dc.subject.fieldofresearchcode140299en_US
dc.titleCausality and regularity in a ‘creative world’en_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of Accounting, Finance and Economicsen_US
gro.hasfulltextNo Full Text


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