Roger E. Backhouse, a distinguished professor of economics, investigates the evolution and complexities of modern economic thought. Through an examination of key historical developments and influential figures, the book presents a framework for understanding the diverse and often conflicting schools of economic theory that shape contemporary policy and debate.

This work is recognized as a comprehensive and insightful survey of modern economic thought, suitable for students and scholars alike. Backhouse's expertise allows for a nuanced exploration of the historical context and intellectual lineage of various economic paradigms. The book is noted for its balanced approach, presenting different viewpoints without undue bias, and offering a valuable resource for understanding the landscape of contemporary economics.