Robert 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 important 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.
Click here to continue reading; follow this link to see the new issue of Administrative Science Quarterly and this one to see more new articles and book reviews in OnlineFirst.