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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.issn1744-1374
dc.identifier.doi10.1017/S1744137414000423
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.
dc.description.peerreviewedYes
dc.languageEnglish
dc.publisherCambridge University Press
dc.publisher.placeUnited Kingdom
dc.relation.ispartofpagefrom55
dc.relation.ispartofpageto60
dc.relation.ispartofissue1
dc.relation.ispartofjournalJournal of Institutional Economics
dc.relation.ispartofvolume11
dc.subject.fieldofresearchApplied Economics not elsewhere classified
dc.subject.fieldofresearchApplied Economics
dc.subject.fieldofresearchcode140299
dc.subject.fieldofresearchcode1402
dc.titleCausality and regularity in a ‘creative world’
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
gro.facultyGriffith Business School, Department of Accounting, Finance and Economics
gro.hasfulltextNo Full Text
gro.griffith.authorWitt, Ulrich


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