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Barry Eichengreen, George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, Department of Economics, University of California at Berkeley
"Recommended for all of those readers who want to see economics going beyond values and markets, this book considers evolution, ecology, energy, history and technology as essential parts of a new synthesis."
Vaclav Smil, Distinguished Professor Emeritus at the University of Manitoba, a Fellow of the Royal Society of Canada (Science Academy), and a Member of the Order of Canada
"This book offers a fresh and vivid approach to the teaching and understanding of basic principles in economics. Using recent theoretical and empirical research, it invigorates and extends these principles in an exciting and highly insightful manner. It adopts a dynamic, evolutionary perspective and stresses the centrality of institutions in any economic system. This is a very important book."
Geoffrey Hodgson, Emeritus Professor in Management at Loughborough University London. Editor in Chief of the Journal of Institutional Economics
"Economics needs renovation. Carsten Herrmann-Pillath and Christian Hederer provide creative synthesis out of the combination of domains that are hitherto conceived to be foreign. Now, the time is mature to bring their transdisciplinary investigation to the front of the principles of economics."
Kiichiro Yagi, Emeritus Professor of Economics, Kyoto University