Introduction ix

Photos follow page 104

Chapter 1. Adam Smith Declares an Economic Revolution

in 1776 3

Chapter 2. From Smith to Marx: The Rise and Fall of

Classical Economics 46

Chapter 3. Karl Marx Leads a Revolt Against Capitalism 64

Chapter 4. From Marx to Keynes: Scientific Economics

Comes of Age 105

Chapter 5. John Maynard Keynes: Capitalism Faces Its

Greatest Challenge 133

Chapter 6. A Turning Point in Twentieth-Century Economics 163

Chapter 7. Conclusion: Has Adam Smith Triumphed Over

Marx and Keynes? 191

Bibliography 219

Index 231

About the Author 243