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Economics Evolves: Embracing Math to Revolutionize Economic Science.

Why Economics is an Evolutionary, Mathematical Science: How Could Veblen’s View Of Economics Been So Different Than C. S. Peirce’s?
James R. Wible

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Economics can be seen as an evolutionary, mathematical science. Veblen and Peirce had different views on this. Veblen thought economics was too focused on machines and not evolving enough. Peirce, on the other hand, believed economics should be more evolutionary and mathematical. He suggested that classical and neoclassical economics could be understood from an evolutionary perspective.