"Why is Economics not an Evolutionary Science?" New Answers to Veblen's Old Question

@article{Dobusch2009WhyIE,
  title={"Why is Economics not an Evolutionary Science?" New Answers to Veblen's Old Question},
  author={Leonhard Dobusch and Jakob Kapeller},
  journal={Journal of Economic Issues},
  year={2009},
  volume={43},
  pages={867 - 898}
}
Addressing the question why Economics as a discipline is not subject to evolutive processes itself, we explain the paradigmatical dominance of neoclassical theories in Economics as a path dependent process. Recognizing economics as "locked into neoclassical thinking," we first identify three positive feedback mechanisms leading to strong barriers to paradigmatic change: coordination, complementarity, and learning mechanisms. In a second step, we show how actors strategically enforce these… 

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