The Role Of Institutions In Theory Of Cultural Evolution
Uloga institucija u teoriji kulturne evolucije

Summary/Abstract: Starting from the emphasized concept of the Darwinian paradigm that using the Darwinian's principles of variation, selection and retention, all domains from biology to economic systems can be explained, the advocates of modern evolutionary epistemology have dealt with the analysis of the role of a thoughtful institutional planning in the process of the cultural evolution. In light of the issue on how human intention and evolutionary forces interact in socio-economic processes, this paper examines the views of F.A. Hayek, the most famous follower of evolutionary epistemology, on the evolution of the market economy system. In this paper, special attention will be devoted to Hayek's concept of rational liberalism and his evolutionary epistemology.

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