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The Age of Fragmentation

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  • Roncaglia,Alessandro

Abstract

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.

Suggested Citation

  • Roncaglia,Alessandro, 2019. "The Age of Fragmentation," Cambridge Books, Cambridge University Press, number 9781108478441.
    • Handle: RePEc:cup:cbooks:9781108478441
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    Cited by:

    1. Fabio Petri, 2021. "None so deaf as those that will not hear: on Garegnani’s contributions to the capital-theoretic critique and the resistances to accepting them," Bulletin of Political Economy, Bulletin of Political Economy, vol. 15(2), pages 187-207, December.
    2. Teodoro Dario Togati, 2021. "On two recent attempts to introduce animal spirits in macroeconomics: Heresy or enlightened church reform?," PSL Quarterly Review, Economia civile, vol. 74(296), pages 51-73.
    3. Matias Vernengo, 2022. "Oltre l'economia eterodossa volgare: una nota sull'eredita' di Pierangelo Garegnani (1930-2011) (Beyond vulgar heterodox economics: a note on the legacy of Pierangelo Garegnani (1930-2011))," Moneta e Credito, Economia civile, vol. 75(299), pages 339-351.
    4. Daria Pignalosa, 2021. "The Euler Equation Approach: Critical Implications of Recent Developments in the Theory of Intertemporal Choice," Bulletin of Political Economy, Bulletin of Political Economy, vol. 15(1), pages 1-43, June.
    5. Rommel, Florian & Urban, Janina, 2022. "A Survey of German Economics," VfS Annual Conference 2022 (Basel): Big Data in Economics 264131, Verein für Socialpolitik / German Economic Association.

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