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Peter Bauer: Blazing the Trail of Development

  • Ian Vasquez
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    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 Econ Journal Watch in its journal Econ Journal Watch.

    Volume (Year): 4 (2007)
    Issue (Month): 2 (May)
    Pages: 197-212

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    Handle: RePEc:ejw:journl:v:4:y:2007:i:2:p:197-212
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    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. 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.
    3. Deepak Lal, 1987. "Markets, Mandarins, and Mathematicians," Cato Journal, Cato Journal, Cato Institute, vol. 7(1), pages 43-75, Spring/Su.
    4. Basil S. Yamey, 1987. "Peter Bauer: Economist and Scholar," Cato Journal, Cato Journal, Cato Institute, vol. 7(1), pages 21-27, Spring/Su.
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