Faculty Highlights

Warnecke elected to Association for Evolutionary Economics Board of Directors

Tonia Warnecke, associate professor and George D. and Harriet W. Cornell Chair of Social Entrepreneurship, was recently elected to the Board of Directors of the Association for Evolutionary Economics (AFEE). This is a three-year position.

Founded more than 50 years ago, AFEE is an international organization of economists and other social scientists devoted to analysis of economies as evolving, socially constructed, and politically governed systems. AFEE publishes the Journal of Economic Issues (JEI).

The intellectual heritage of AFEE is that of the Original Institutional Economics (OIE) created and developed by early 20th-century economists such as Thorstein Veblen, John R. Commons, and Wesley Mitchell.

Over recent decades, this legacy has evolved to address such contemporary issues as:

  • The role of diverse cultures in economic performance
  • Domestic and international inequalities of income
  • The roles of social, economic, and political power in shaping economic outcomes
  • Globalization and the increasing weight of multinational corporations in the international economy
  • The need for expanding use of modern technologies to relieve want
  • The urgent need for awareness of the impact of new technology on the biosphere
  • The ways in which economic thought affects and is affected by changing economics