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Reality and Rhetoric is the culmination of P. T. Bauer's observations and reflections on Third World economies over a period of thirty years. He critically examines the central issues of market versus centrally planned economies, industrial development, official direct and multinational resource transfers to the Third World, immigration policy in the Third World, and economic methodology. In addition, he has written a fascinating account of recent papal doctrine on income inequality and redistribution in the Third World. The major themes that emerge are the importance of non-economic variables, particularly people's aptitudes and mores, to economic growth; the unfortunate results of some current methods of economics; the subtle but important effects of the exchange economy on development; and the politicization of economic life in the Third World. As in Bauer's previous writings, this book is marked by elegant prose, apt examples, a broad economic-historical perspective, and the masterful use of informal reasoning.
Peter Bauer (Lord Bauer) was an economist of considerable influence, particularly on the prevailing wisdom about the value of foreign aid. This title includes a transcript of a conversation with Lord Bauer in which he speaks about his career, his interactions with other economists and his contributions to economic analysis.
Peter Bauer, a pioneer of development economics, is an incisive thinker whose work continues to influence fields from political science to history to anthropology. As Nobel Laureate Amartya Sen writes in the introduction to this book, "the originality, force, and extensive bearing of his writings have been quite astonishing." This collection of Bauer's essays reveals the full power and range of his thought as well as the central concern that underlies so much of his diverse work: the impact of people's conduct, their cultural institutions, and the policies of their governments on economic progress. The papers here cover pressing and controversial issues, including the process that transforms...
Offers its own distinctive contribution to the methodology of economics applied to developing countries. These lectures are 'penetrating and original'". Alan Peacock, Economica A series of three lectures, this book discusses the scope and limitations of economics in the study of developing countries. It reviews a number of economic aspects and developments, including the instruments and implications of the rapid but uneven economic progress of many of areas, especially in Africa and South-East Asia.
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Even in impoverished countries lacking material and human resources, P. T. Bauer argues, economic growth is possible under the right conditions. These include a certain amount of thrift and enterprise among the people, social mores and traditions which sustain them, and a firm but limited government which permits market forces to work. Challenging many views about development that are widely held, Bauer takes on squarely the notion that egalitarianism is an appropriate goal. He goes on to argue that the population explosion of less-developed countries has on the whole been a voluntary phenomenon and that each new generation has lived better than its forebears. He also critically examines the...
Covering the theory, policy and practice of development economics across the globe, the titles in this set include three by Nobel Prize Winner W. Arthur Lewis, as well as the renowned economists G. C. Allen and Peter Bauer.
With style and imagination, this iconoclastic work covers the major issues in development economics. In eight carefully reasoned essays, P. T. Bauer challenges most of the accepted notions and supports his views with evidence drawn from a wide range of primary sources and direct experience. The essays were selected on the basis of their interest to students and general readers from Bauer's book, Dissent on Development: Studies and Debates in Development Economics. Reviewing the previous work, the Wall Street Journal wrote: "It could have a profound impact on our thinking about the entire development question... Quite simply, it is no longer possible to discuss development economics intelligently without coming to grips with the many arguments P. T. Bauer marshalled in this extraordinary work."
Peter Bauer draws conclusions about economic development that diverge from the mainstream. The Development Frontier illustrates his characteristic and distinctive approach: he bases his analyses on careful and direct observation of conditions in the developing world. In doing so, he takes account of the interplay between conventional economic forces, such as supply and demand, and social and political factors.