One of the most interesting and controversial of the arguments put forward by Schumpeter in The History of Economic Analysis is that the evolution of economic ideas does not proceed smoothly, but in jumps, through a succession of epochs of revolution and consolidation; of language confusion and ‘classical’ periods. | OXFORD on outline of the history of economic thought Second Edition ernesto screpanti and stefano zamagni AN OUTLINE OF THE HISTORY OF ECONOMIC THOUGHT This page intentionally left .