`Phil Klein, in a low key but deeply reasoned text, critiques economic theory for its misrepresentations of the economy and other shortcomings. In particular, Klein provides a critique of how mainstream economists - creating a corpus of doctrines that seem "quantitative, precise, logical, elegant, rigorous, and beautiful" - have made more of Adam Smith's "invisible hand" than did Smith himself. Some will agree and others will disagree with various of Klein's arguments. But all economists, and the discipline itself, will be better off if individual economists will diagnose WHY they agree and disagree, and both the bases and the implications thereof.' - Warren Samuels, Michigan State University, US `I believe it to be a most significant contribution to a continuing assessment of the heartland of orthodox economic theory and its policy applications. I consider this volume to be the most pertinent and significant contribution of the last decade for the necessary and continuing...

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