caa a22 4500 445854197 CHVBK 20180317145423.0 cr unu---uuuuu 170323e20110201xx s 000 0 eng 10.1007/s00191-010-0187-z doi (NATIONALLICENCE)springer-10.1007/s00191-010-0187-z Foster John School of Economics, University of Queensland, Brisbane, Australia aut Evolutionary macroeconomics: a research agenda [Elektronische Daten] [John Foster] In this article, the goal is to offer a new research agenda for evolutionary macroeconomics. The article commences with a broad review of the main ideas in the history of thought concerning the determinants of economic growth and an introduction to the evolutionary perspective. This is followed by a selective review of recent evolutionary approaches to macroeconomics. These approaches are found to be somewhat disconnected. It is argued that the ‘micro-meso-macro' approach to economic evolution is capable of resolving this problem by offering an analytical framework in which macroeconomics can be built upon ‘meso-foundations', not micro-foundations, as asserted in the mainstream. It is also stressed that the economic system and its components are complex adaptive systems and that this complexity must not be assumed away through the imposition of simplistic assumptions made for analytical convenience. It is explained that complex economic systems are, at base, energetic in character but differ from biological complex systems in the way that they collect, store and apply knowledge. It is argued that a focus upon stocks and flows of energy and knowledge in complex economic systems can yield an appropriate analytical framework for macroeconomics. It is explained how such a framework can be connected with key insights of both Schumpeter and Keynes that have been eliminated in modern macroeconomics. A macroeconomic framework that cannot be operationalized empirically is of limited usefulness so, in the last part of the article, an appropriate methodology for evolutionary macroeconomics is discussed. Springer-Verlag, 2010 Complex system nationallicence Dissipative structure nationallicence Economic evolution nationallicence Economic growth nationallicence Energy nationallicence Knowledge nationallicence Macroeconomics nationallicence Micro-meso-macro nationallicence Economic methodology nationallicence Agent-based modelling nationallicence Journal of Evolutionary Economics Springer-Verlag 21/1(2011-02-01), 5-28 0936-9937 21:1<5 2011 21 191 https://doi.org/10.1007/s00191-010-0187-z text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s00191-010-0187-z text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Foster John School of Economics, University of Queensland, Brisbane, Australia aut NATIONALLICENCE 773 0- Journal of Evolutionary Economics Springer-Verlag 21/1(2011-02-01), 5-28 0936-9937 21:1<5 2011 21 191 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer