The evolution of economic thought can be traced back from its beginnings in classical antiquity up to the present day. In this book, Professor Alessandro Roncaglia offers a clear, concise and updated version of his award-winning The Wealth of Ideas, studying the development of economic thought...

The field of economics has proliferated in complexity and importance since the Second World War. Alessandro Roncaglia recounts the history of the different approaches (marginalist, neoclassical, Keynesian, Austrian, monetarism, rational expectations, institutionalist, evolutionary,...

This chapter focuses on the rise and fall of the twin ideas-myths of money as a veil and the invisible hand of the market. First, Middle Ages metallistic theory is considered. It is stressed that not all classical economists shared (Adam Smith’s and David Ricardo’s) “received view,”...

Power is a broad and complex concept that cuts across all fields in humanities and social sciences. Written by a leading historian of economic thought, Power and Inequality presents a wide-ranging and multi-disciplinary analysis of power as an economic and social issue. Its aim is not to...

"The idea of writing this book was dismissed as crazy by many of my friends. The book is here, now, but they may still be right, given the breadth and complexity of our field of enquiry: contemporary economic research, from the Second World War to the present. Consider the mass of economic...

The chapter explores similarities between Keynes and Sraffa, suggesting a fruitful symbiosis of the two approaches. Both challenged neoclassical price theories. Keynes formulated a "monetary theory of production" that led to a liquidity preference theory of financial asset prices; Sraffa a...

"A Brief History of Economic Thought The evolution of economic thought can be traced back from its beginnings in classical antiquity up to the present day. In this book, Professor Alessandro Roncaglia offers a clear, concise and updated version of his award- winning The Wealth of Ideas, studying...

[fre] Cet article effectue une comparaison entre l'approche pré-keynésienne de la théorie du revenu et de l'emploi et la synthèse néo-classique, ainsi que l'approche monétariste (représentées respectivement par Pigou, Modigliani et Friedman). Sur la base de cette comparaison, on soutient...