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Herrmann-Pillath, Carsten

Herrmann-Pillath, Carsten


Evolutionary economics, Chinese economic studies


Development of a comprehensive evolutionary framework for institution analysis based on naturalism and its applications with a special focus on culture


Recently, I discovered the philosophy of Charles Sanders Peirce. Peirce is a father of American pragmatism and of semiotics, and influenced the early American instituionalists. I begin to connect his thought with the modern philosophical positions of externalism and naturalism, especially in the philosophy of mind. Building on this, I hope to create a theory of institutions that treats institutions in a similar way as linguistic artefacts. What makes my mind buzzing is that this approach can be even given a role in the physical context.


  • The Economics of Identity and Creativity. A Cultural Science Approach. St. Lucia: University of Queensland Press, 2010.
  • International Market Access Rights and the Evolution of the International Trade System, in: Journal of Theoretical and Institutional Economics, 164(2), 2008, 302—326;
  • Cultural Species and Institutional Change in China, in: Journal of Economic Issues XL(3), 2006: 539-574.


  • Foundations of Evolutionary Economics – I hope to complete this in 2010.
  • Entropy, Function, and Evolution: Naturalizing Peircian Semiosis, Entropy 12, no. 2, 2010: 197-242.
  • A Neurolinguistic Approach to Performativity in Economics, Forthcoming in: Journal of Eco-nomic Methodology, Frankfurt School Working Paper Series 123. (penultimate version)



Frankfurt School of Finance and Management