'… The reader can appreciate the bigger picture behind the usually fragmented approach to studying economics through his work. In addition, the often unseen and unappreciated threads linking the various economic schools of thought can be well appreciated as the author goes into great detail to present the growth of economic thought chronologically, providing the historical and political factors that shaped the various approaches.' Jiarui Wu, History of Economic Thought and Policy
1. Introduction. A non-linear discourse; Part I. The Background: 2. The foundations: classicals and marginalists; 3. The immediate precursors; Part II. The Giants of the Short Century: 4. The founder of neo-liberalism: Friedrick von Hayek; 5. The revolutionary: Piero Sraffa; Part III. The Fragmentation of the Mainstream: 6. The new microeconomics: general equilibrium and expected utilities, theory of industrial organization; 7. The macroeconomics of the neoclassical synthesis; 8. The myth of the invisible hand: neo-liberal streams; 9. Applied economics and econometrics; Part IV. The Weakening of the Paradigm: 10. Behavioural economics and bounded rationality; 11. From efficient financial markets to the theory of crises; Part V. Is a New Paradigm Possible?: 12. Post-Keynesian macroeconomics; 13. Marxism, evolutionism, institutionalism; 14. Ethics and the problem of power.