Tag Archives: evolutionary economics

In a previous essay, I announced a new concept of the invisible hand to replace the old and erroneous idea that the pursuit of self-interest robustly benefits the common good. The new version is based on examples of the invisible hand that exist in nature, such as cells that benefit multi-cellular organisms and social insects that benefit their colonies. These lower-level units don’t have the welfare of the higher-level units in mind. They don’t even have minds in the human sense of the...

Pirate bands are radically democratic and egalitarian: Hayek and the evolutionary imperative. EvonomicsThe Invisible Hook: How Pirate Society Proves Economic Self-Interest WrongDavid Sloan Wilson | SUNY Distinguished Professor of Biology and Anthropology at Binghamton University and Arne Næss Chair in Global Justice and the Environment at the University of Oslo