This book uses an institutional-evolutionary approach to analyse economic problems associated with developments in capitalism during the second half of the twentieth century. It argues that economics should centre on institutions - the durable fabric of the economy over time. Drawing on the...

The early postwar years, 1949-1952 -- The Cold War years to 1956 -- A New Left critique -- The search for a method -- The magnum opus and the Cuban Revolution -- The Kennedy years: civilian government spending -- Inflation, imperialism, and the Cuban Missile Crisis -- Here is Rhodes; jump here!...