Modern economics has, at its foundation, scholarly contributions from many prominent Scottish thinkers. This revealing work examines the roots of this great tradition, places in perspective a selection of authors, and assesses their contribution over three centuries in the light of a distinctive...

"New economic thinking is in demand in the light of the recent crisis. But it is constrained by the prevailing way of thinking about the economy and about economics. This book equips the reader with a better understanding of this way of thinking and increases awareness of other possibilities....

It's not rational -- The standard narrative and the bigger picture -- Natural science inspirations -- The nobels and neoliberals -- The socialist calculation controversy as the starting point of the economics of information -- Hayek changes his mind -- The neoclassical economics of information...