Book excerpt: The volume edited by De Jong and Sheherd is devoted to the history of economic thought which has, unfortunately, been more and more marginalised in economics teaching and research. "Pioneers of Industrial Organization" thus aims to fil a gap as regards the development of competition economics. In addition to the classics such as Adam Smith, Alfred Marshal and Joseph A. Schumpeter the scholars covered include Joe S. Bain, George J. Stigler, Frederic M. Scherer, Gardiner C. Means, John B. and John M. Clark, Edward H. Chamberlin, Rachard E. Caves, William C. Shpeherd and Dennis C. Mueller.