Bookshelf

Robert H. Frank: The Darwin Economy

March 2, 2013 930

darwin_economyRobert H. Frank : The Darwin Economy: Liberty, Competition, and the Common Good. Princeton, NJ: Princeton University Press, 2011. 240 pp. $26.95 / £18.95, cloth, e-book.

Read the review by Aaron Chatterji of Duke University, published in Administrative Science Quarterly:

Robert Frank’s The Darwin Economy is an ambitious attempt to establish a new conceptual framework to understand market competition, regulation, and tax policy. Frank’s bold assertion is that one hundred years from now, economists will name Charles Darwin, not Adam Smith, as the most  54049_ASQ_v54n1_72ppiRGB_150pixWimportant influence on their field. His key argument is that Darwin’s theory of natural selection is a more apt description of how competition actually works than is the doctrine espoused by Smith’s modern acolytes.

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