Leading international academic Carsten Herrmann-Pillaths contribution to this landmark series takes naturalistic evolutionary theory and new developments in economics and applies them to creativity and identity. This approach changes assumptions about how a capitalist economy works, from the relation between producers and consumers to the functioning of intellectual property rights. In the creative economy, identities merge with the flow of creative action. To explain these changes, this book draws on a range of theories from analytical philosophy to biology, economics to sociology, which are synthesised into the new paradigm of cultural science. In this fascinating interdisciplinary work, Herrmann-Pillath argues that the foundations of economics can be found in cultural science, using a case study on money, and how it has evolved to become the cultural institution at the core of the modern economy.
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Carsten Herrmann-Pillath is academic director at the East-West Centre for Business Studies and Cultural Science, and professor of business economics at the Frankfurt School of Finance and Management. He is the author of numerous works, mostly in German, and his research interests include evolutionary economics, international trade, economic transition, and economic methodology.
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