Eric Beinhocker's 2006 argument that the economy is a complex adaptive system (not an equilibrium system) and that wealth is created through evolution of business 'plans' competing in the fitness landscape of the market.
Applies complexity science and evolutionary theory to economics — Beinhocker's argument that economic growth is the output of a Darwinian evolutionary process (differentiation, selection, amplification) provides a more accurate model than equilibrium economics.
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