"Fashions in economic ideas come and go, like fashions in women's clothes....the history of economic thought is closer to the history of women's fashion than to the history of astronomy or physics. "

Evolution of Macroeconomic Theory

• The 1930s: A Paradigm Shift
• The 1960s: Let the Good Times Roll
• The 1970s: Paradise Lost
• The 1980s: A Paradigm Reversal
• The 1990s: The Visible Hand
• The 2000s: The Global Economy