The Transition from Classical to Neoclassical Economics: A Scientific Revolution

Abstract

The success of Thomas Kuhn's work, The Structure of Scientific Revolutions, in circles to which it was not initially addressed is particularly striking in the case of economics. In the last years, studies applying the Kuhnian framework to economic science have flourished, and no discussion about the history of economic theories takes place without at least a reference to Kuhn.' Undoubtedly, his ideas have provided the basis for a fresh look at the sociological factors affecting the development of economic thought. This is developed by Benjamin Ward in the following way:

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