Thomas, Alex M.
(2020)
A History of Contemporary
Economic Theories.
Economic and Political Weekly, LV (45).
ISSN 2349-8846
Abstract
The increased specialisation visible
in economics research has been
intertwined with the gradual disappearance of the study of the history of
economic thought from universities worldwide. However, perhaps ironically, the
fragmentation or super-specialisation of
economics research also contains within
it the need to understand how these different research agendas might be understood in a coherent manner. Alessandro
Roncaglia’s The Age of Fragmentation: A
History of Contemporary Economic Thought
(2019), the book under review, provides
the readers with a clear analytical lens to
understand the seemingly disparate and
divergent streams of economics research
which emerged after World War II. His
previous book The Wealth of Ideas: A History of Economic Thought (2009) remains an
important text in the domain of history
of economic thought (HET hereafter) in
particular and economics in general; a
concise version of it was published in
2016 as A Brief History of Economic Thought
(for my assessment, see Thomas 2019).
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