The birth of modern economic science Reading Gilles Campagnolo’s book

Abstract

The 1870s have always held a special attraction for specialists in the history of thought. For economic theory these are the years of the Great Crossroads when economic theory was at critical breaking point, after which several powerful theoretical streams emerged that were to determine later on the overall course of the evolution of economics. The book by the French economist and philosopher Gilles Campagnolo is an attempt to find out exactly what happened in the years of the Great Crossroads. It offers not only factual and historical reading, but also theoretical interpretation to explaining the evolution, mutual influence and int ermingling of the above individual schools of thought in the economic science. The present paper is a review essay on Gilles Campagnolo’s new book.history of economic thought, Austrian analysis