Peter Bauer was a pioneer in development economics and his contributions to the field have been vindicated by the collapse of central planning. Through most of his career, however, Bauer was marginalized by the economics profession. Even after the fall of the Berlin Wall, economists frequently neglect Bauer’s work. Two survey articles on trade and development by Anne Krueger are presented as examples of that neglect. Bauer’s emphasis on choice, his interdisciplinary methodology, and his criticism of excessive reliance on formal analysis may help explain the neglect of Bauer even among those who arrive at the same insights and general policy prescriptions.
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Article provided by Atlas Economic Research Foundation in its journal Econ Journal Watch.
Find related papers by JEL classification: O1 - Economic Development, Technological Change, and Growth - - Economic Development O2 - Economic Development, Technological Change, and Growth - - Development Planning and Policy O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity B31 - Schools of Economic Thought and Methodology - - History of Thought: Individuals - - - Individuals
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