Ernesto Screpanti studied Sociology at the University of Trento (Italy) and Economics at the University of Cambridge. He has taught economics in various Italian universities and, at present, is teaching at the University of Siena. He was a member of the Steering Committees of the EAEPE and the AISSEC. He publishes extensively on labour economics, institutional economics and the history of economic thought.Stefano Zamagni studied Economics at the Catholic University in Milan and then at the University of Oxford with John Hicks. He holds the chair of Economics in the University of Bologna; he is adjunct professor of Public Sector Economics at the Johns Hopkins University, Bologna Center, and visiting professor of History of Economic Thought at Bocconi University, Milan. He was a member of the executive committee of International Economic Association (1989-1999) and Vice President of the Italian Economic Association. He publishes on consumer theory, capital theory, institutional economics, history of economic thought.

Review from previous edition The scope of this book is vast...The strength of the book is that it provides a clear, non-technical account of some of the most important recent developments in economic theory, which many readers will find informative...Though many conclusions reached by Screpanti and Zamagni are controversial, the book makes a stimulating read and provides a useful addition to the literature on this subject.

• FROM THE ORIGINS TO KEYNES ; 1. The Birth of Political Economy ; 2. The Laissez-Faire Revolution and Smithian Economics ; 3. From Ricardo to Mill ; 4. Socialist Economic Thought and Marx ; 5. The Triumph of Utilitarianism and the Marginalist Revolution ; 6. The Construction of Neoclassical Orthodoxy ; 7. The Years of High Theory: I ; 8. The Years of High Theory: II ; CONTEMPORARY DEVELOPMENTS OF ECONOMIC THEORY ; 9. Contemporary Macroeconomic Theory ; 10. General Economic Equilibrium and Microeconomics ; 11. At the Margins of Orthodoxy ; 12. A Post-Smithian Revolution

Ernesto Screpanti studied Sociology at the University of Trento (Italy) and Economics at the University of Cambridge. He has taught economics in various Italian universities and, at present, is teaching at the University of Siena. He was a member of the Steering Committees of the EAEPE and the AISSEC. He publishes extensively on labour economics, institutional economics and the history of economic thought.Stefano Zamagni studied Economics at the Catholic University in Milan and then at the University of Oxford with John Hicks. He holds the chair of Economics in the University of Bologna; he is adjunct professor of Public Sector Economics at the Johns Hopkins University, Bologna Center, and visiting professor of History of Economic Thought at Bocconi University, Milan. He was a member of the executive committee of International Economic Association (1989-1999) and Vice President of the Italian Economic Association. He publishes on consumer theory, capital theory, institutional economics, history of economic thought.

Review from previous edition The scope of this book is vast...The strength of the book is that it provides a clear, non-technical account of some of the most important recent developments in economic theory, which many readers will find informative...Though many conclusions reached by Screpanti and Zamagni are controversial, the book makes a stimulating read and provides a useful addition to the literature on this subject.

• FROM THE ORIGINS TO KEYNES ; 1. The Birth of Political Economy ; 2. The Laissez-Faire Revolution and Smithian Economics ; 3. From Ricardo to Mill ; 4. Socialist Economic Thought and Marx ; 5. The Triumph of Utilitarianism and the Marginalist Revolution ; 6. The Construction of Neoclassical Orthodoxy ; 7. The Years of High Theory: I ; 8. The Years of High Theory: II ; CONTEMPORARY DEVELOPMENTS OF ECONOMIC THEORY ; 9. Contemporary Macroeconomic Theory ; 10. General Economic Equilibrium and Microeconomics ; 11. At the Margins of Orthodoxy ; 12. A Post-Smithian Revolution

Ernesto Screpanti studied Sociology at the University of Trento (Italy) and Economics at the University of Cambridge. He has taught economics in various Italian universities and, at present, is teaching at the University of Siena. He was a member of the Steering Committees of the EAEPE and the AISSEC. He publishes extensively on labour economics, institutional economics and the history of economic thought.Stefano Zamagni studied Economics at the Catholic University in Milan and then at the University of Oxford with John Hicks. He holds the chair of Economics in the University of Bologna; he is adjunct professor of Public Sector Economics at the Johns Hopkins University, Bologna Center, and visiting professor of History of Economic Thought at Bocconi University, Milan. He was a member of the executive committee of International Economic Association (1989-1999) and Vice President of the Italian Economic Association. He publishes on consumer theory, capital theory, institutional economics, history of economic thought.

Review from previous edition The scope of this book is vast...The strength of the book is that it provides a clear, non-technical account of some of the most important recent developments in economic theory, which many readers will find informative...Though many conclusions reached by Screpanti and Zamagni are controversial, the book makes a stimulating read and provides a useful addition to the literature on this subject.

• FROM THE ORIGINS TO KEYNES ; 1. The Birth of Political Economy ; 2. The Laissez-Faire Revolution and Smithian Economics ; 3. From Ricardo to Mill ; 4. Socialist Economic Thought and Marx ; 5. The Triumph of Utilitarianism and the Marginalist Revolution ; 6. The Construction of Neoclassical Orthodoxy ; 7. The Years of High Theory: I ; 8. The Years of High Theory: II ; CONTEMPORARY DEVELOPMENTS OF ECONOMIC THEORY ; 9. Contemporary Macroeconomic Theory ; 10. General Economic Equilibrium and Microeconomics ; 11. At the Margins of Orthodoxy ; 12. A Post-Smithian Revolution