This inaugural essay surveys themes and approaches in agrarian political economy over the last three decades, especially with reference to contributions to, and debates in, the Journal of Peasant Studies of which T.J. Byres was editor from 1973 to 2000 and Henry Bernstein editor from 1985 to 2000. We indicate intellectual strengths and lacunae, new approaches to longstanding issues, and new concerns which emerged over that period, and which inform the project of this new Journal of Agrarian Change and the challenges it presents.