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Peter Bauer: Blazing the Trail of Development

Author

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  • Ian Vasquez

Abstract

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.

Suggested Citation

  • Ian Vasquez, 2007. "Peter Bauer: Blazing the Trail of Development," Econ Journal Watch, Econ Journal Watch, vol. 4(2), pages 197-212, May.
  • Handle: RePEc:ejw:journl:v:4:y:2007:i:2:p:197-212
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    References listed on IDEAS

    as
    1. Krueger, Anne O, 1997. "Trade Policy and Economic Development: How We Learn," American Economic Review, American Economic Association, vol. 87(1), pages 1-22, March.
    2. Basil S. Yamey, 1987. "Peter Bauer: Economist and Scholar," Cato Journal, Cato Journal, Cato Institute, vol. 7(1), pages 21-27, Spring/Su.
    3. Deepak Lal, 1987. "Markets, Mandarins, and Mathematicians," Cato Journal, Cato Journal, Cato Institute, vol. 7(1), pages 43-75, Spring/Su.
    4. Susan Anderson & Peter Boettke, 2004. "The Development Set: The Character of the _Journal of Development Economics_ 2002," Econ Journal Watch, Econ Journal Watch, vol. 1(2), pages 306-318, August.
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    More about this item

    Keywords

    Economic development; trade; growth; economic history;

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals

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