classical liberal
Albert O. Hirschman
1915–2012
Also known as: Albert Hirschman, Hirschman, हिर्षमन
How Albert O. Hirschman is discussed in this archive
Referenced in 1 other work — including Economic Growth .
In Economic Growth : Clark endorses Hirschman's (Hirschmann's) argument against balanced-growth planning, using it as theoretical support for his claim that unbalanced growth with windfall profits is what actually mobilises enterprise in developing economies.
Mentioned in (1)
Primary works (1)
- Economic Growth · 1969
- "He endorses the view of Hagen, Streeten and Hirschmann that a policy of 'balanced growth' is mistaken and that unbalanced growth, with windfall profits in unexpected quarters, is what actually mobilises enterprise." — Clark's endorsement of unbalanced-growth theory in Section III on conditions of economic growth