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The Age of Fragmentation - A History of Contemporary Economic Thought (Hardcover)
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The Age of Fragmentation - A History of Contemporary Economic Thought (Hardcover)
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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, classical-Sraffian)
and the different fields (micro, macro, money and finance,
industrial and game theory, institutions, public finance,
econometrics), illustrating the thought and personality of the most
important contemporary economists (from Hayek to Sraffa, from
Modigliani and Samuelson to Friedman, from Simon to Sen, and many
others), focusing on the conceptual foundations of the different
streams. At the same time he appraises critically the important
debates and controversies in the field and concludes by discussing
possible future directions for economic thought. This follow-up to
The Wealth of Ideas: A History of Contemporary Economic Thought is
a readable introduction to the contemporary economics discourse,
accessible to economics students and informed general readers, and
an important complement for advanced students and economists active
in specialized fields.
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