The Darwin Economy

"The Darwin Economy," inspired by economist Edward Chancellor, draws on Charles Darwin's theory of evolution to explain economic behaviors. It suggests that markets and individuals evolve through a process of competition and adaptation, similar to natural selection in biology. Just as species survive by better adapting to their environment, businesses and workers succeed by innovating and responding to changing conditions. This perspective highlights the importance of competition, risk-taking, and resilience in driving economic progress, emphasizing that economic systems are dynamic and shaped by continuous evolutionary pressures.