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Herbert Frankel: From Colonial Economics to Development Economics

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  • John Toye

Abstract

Herbert Frankel (1903-96) was an economist of long and varied achievement, who, after a distinguished career in South Africa, served as Oxford University's first Professor of Colonial Economic Affairs (later Professor of the Economics of Under-developed Countries) from 1946 to 1971. His professional route took him from colonial economics to development economics, making a significant contribution to each. His intellectual trajectory took him from being a critic of colonial economic policies to being a champion of the efficacy of free market liberalism to deliver development. In this he was a true precursor of the counter-revolution in development economics of the 1980s. In a number of ways his writings were prophetic, but it was a younger colleague, Peter Bauer, who became the main standard-bearer of neo-liberalism in development economics.

Suggested Citation

  • John Toye, 2009. "Herbert Frankel: From Colonial Economics to Development Economics," Oxford Development Studies, Taylor & Francis Journals, vol. 37(2), pages 171-182.
    • Handle: RePEc:taf:oxdevs:v:37:y:2009:i:2:p:171-182
    DOI: 10.1080/13600810902887636
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