ABSTRACT
The United States has been the homeland of economics and the active centre for redefining research programmes since the Second World War. The Keynesian-classical synthesis, monetarism, the supply side school, the new classical school, neo-Keynesianism and, more recently, endogenous growth, have spread throughout the world in rapid succession. This activity and the revival of the Extended Standard Theory (EST) tend to obscure the contributions of other schools such as institutionalism, the radical school and particularly the social structure of accumulation (SSA)* theory.
