ABSTRACT

The famous author George Bernard Shaw (who was also a member of the Fabian Society and co-founder of the London School of Economics) once quipped that, if all economists were laid end to end, they would not reach a conclusion. As should be obvious from the preceding chapters, the history of economic thought is indeed a controversial and open-ended affair. Instead of a conclusion we will therefore, at the end of the book, offer brief surveys, first of the current orthodoxy and heterodox approaches, then of theories about scientific progress, and finally of other useful guides through the history of economic thought.