Advances in neoclassical economics are often marked by fashions, new techniques masquerading as theory, and encroachments on other disciplines. In the event, a critical internal appraisal has eluded neoclassical theory. Neither economic crises of the real world nor complaints from sister disciplines seem to make much of a difference. Against this backdrop, Italian economist Pierangelo Garegnani's steadfast commitment to the scrutiny of fundamentals of economic theory is cause for celebration.
