The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics
Average customer rating: 4.5 out of 5 stars
  • Yes indeed "People respond to incentives"
  • Very interesting easy to read, light on solutions
  • Elusive Fantasies on Global Prosperity
  • Great Themes and Practical Views
  • Fresh Approach
The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics
William Easterly
Manufacturer: The MIT Press
ProductGroup: Book
Binding: Paperback

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ASIN: 0262550423

Book Description

Since the end of World War II, economists have tried to figure out how poor countries in the tropics could attain standards of living approaching those of countries in Europe and North America. Attempted remedies have included providing foreign aid, investing in machines, fostering education, controlling population growth, and making aid loans as well as forgiving those loans on condition of reforms. None of these solutions has delivered as promised. The problem is not the failure of economics, William Easterly argues, but the failure to apply economic principles to practical policy work.

In this book Easterly shows how these solutions all violate the basic principle of economics, that people--private individuals and businesses, government officials, even aid donors--respond to incentives. Easterly first discusses the importance of growth. He then analyzes the development solutions that have failed. Finally, he suggests alternative approaches to the problem. Written in an accessible, at times irreverent, style, Easterly's book combines modern growth theory with anecdotes from his fieldwork for the World Bank.

Customer Reviews:

5 out of 5 stars Yes indeed "People respond to incentives".......2007-06-19

Unlike Jeffrey Sachs in "The end of Poverty," who calls for a large-scale investment in the Third World countries and paying only scant attention to the importance of prior government commitment and endogenous (indigenous) policy reforms, Dr. Easterly strongly emphasizes domestic variables in shaping growth. His book highlights why growth have failed in most developing countries:"people respond to incentives." It is a must for anyone trying to understand the multidimensionality of growth. Orthodox elixirs have their limits....

4 out of 5 stars Very interesting easy to read, light on solutions.......2007-04-21

Easterly's book in general does a very good job at simplifying the economic language and is easily accessible to all readers. The book also flows well and is an interesting read. He does a good job at describing and analyzing the problems with various economic growth policies. However, his solutions and paths to move forward are vague and simplified.

3 out of 5 stars Elusive Fantasies on Global Prosperity.......2007-04-20

The persistence of poverty and underdevelopment in African countries after the independence of these countries might lead one to reevaluate the validity of the entire discipline of development studies. William Easterly does so from an institutional point of view. He argues that African countries' failure was partly a result of fictitious "panaceas". Albeit a bit more comprehensive, Easterly's method is not very different from the panaceas that failed, however: It is technology, stupid, not machines (p. 51).

Easterly argues that panaceas such as international aid, investment, education, and population control failed because they were not panaceas in the first place. He adamantly tries to show that there is no historical or statistical relationship between these "panaceas" and economic growth. His second argument as to why these methods failed to result in economic development is that they were not coupled with "right incentives". According to Easterly, governments, donors, and individuals respond to incentives; therefore, policies that do not create any incentives for either of these three are doomed to fail. Other than these policy issues, Easterly views technological advancement as the most concrete factor that determines the development of countries. Thus, rather than investment in machines, Easterly prescribes for poor countries investment in R & D. Given the absence of incentives for private parties to invest in R & D in poor countries, he suggests that the governments of poor countries should subsidize investment in new knowledge (p. 168).

Problems, Problems, Problems...

Putting the "people respond to incentives" motto aside, there are two primary problems in Easterly's evaluation of "panaceas". The first one is that he incorrectly discredits the crucial elements of development. To start with, Easterly believes that increases in investments -or machines- has no theoretical or empirical relationship with growth. However, we know no country that has developed without an increase in savings, investments, and machines. (Indeed, for Stiglitz, the East Asian "miracle" was simply a result of saving heavily and investing well). As such, the relationship between machines and economic growth needs a clarification: machines are necessary, though not sufficient, element of an economic growth. Yet Easterly does not think that machines are even a necessary component of growth. Testing this necessary argument, he finds that high rates of investments are not related to high rates of economic growth. The problem with Easterly's test, however, is that it is based on the assumption of a linear relationship between increases in the number of machines and economic growth. Yet no one would argue that "the more machines, the more growth" relationship holds forever. "Machinization" is not immune to the law of diminishing returns. The first couple machines increase the output enormously, later ones increase output less, and later ones more less, so much so that after a point increases in machines virtually decreases productivity because the return from investment in machines does not even matches its costs. Thus, in the absence of an improvement in technology, the relationship between the number of machines and growth is either log linear or curvilinear (`n' shape). (The classic case of high output growth without much productivity growth was that of the Soviet Union in the 1950s and early 1960s. Soviet economy was growing only because of massive mobilization of labor and huge rates of investment and total productivity was growing slowly, if at all. This implied that the growth had to slow down first, and die down later. This is indeed what happened.) For this reason, the relationship between machines and technology is a complementary one. Machines start economic growth and technological advancements maintain and further it. I do not understand therefore why Easterly mystifies the importance of technology for developing countries and downplays the equal importance of investment in machines for these countries. After al technology is applied on machines; or in other words, technological advancement means improvement of machines.

Education has long been treated as another "necessary but not sufficient" element of economic development. Easterly counters this argument as well. He argues that there is no empirical evidence for the positive relationship between investment in formal schooling and growth rates. His argument is based upon primary and secondary level education, however. I do not think that Easterly would still find a nonexistent relationship between post-high school education and growth. What is important here is that investment in technology, which Easterly views as the crucial element in growth, cannot take place without substantial investment in upper level education. In such a case, developing countries will continuously have to import their scientists and engineers from the developed world, which would perpetuate their dependence on rich countries. (Is it just a coincidence that the four Asian countries that have maintained astonishing levels of economic growth in the second half of the 20th century (Japan, Korea, Taiwan, and China) are also the top four countries that send most students to American universities?)

Finally, Easterly's conclusion on the irrelevance of population growth to economic growth is based on his incorrect interpretation of the historical relationship between the two. He argues that historically population growth and economic growth followed the same pattern in industrialized nations: both were slow until the 19th century, and then both accelerated at the same time. Thus, "it is hard to reconcile this fact with the idea that population growth is disastrous to growth," (p. 92). But the parallel trends in population and economic growth in the 19th-century Europe was simply due to economic growth's positive impact on social health. Economic growth meant less infant deaths, less diseases, and more disease treatment. This is exactly the case in today's poor countries. Therefore, the reason why economic growth and population increase go hand in hand in poor nations is not that population increase helps economic growth, but rather that economic growth causes population growth by reducing deaths due to curable diseases. (Interestingly, in the introduction of the book Easterly articulates why economic growth is important for poor countries: "Poverty is not just low GDP; it is dying babies, starving children, and oppression of women and the downtrodden," (p. 15). I do not understand, therefore, why he fails to see that this is exactly why economic growth in poor societies has a population-increasing effect.) To me, population growth is detrimental to economic growth especially for countries that has low capital-to-labor and land-to-labor ratios. Population growth may not be harmful for nations who has high capital-to-labor ratio (e.g. Belgium) because they have enough resources to invest on each additional individual. Similarly, population growth might not be necessarily detrimental for countries with a relatively high land-to-labor ratio (e.g. Brazil), for they can employ new members at least in the agricultural sector. But for a country like Bangladesh, which has low capital-to-labor as well as low land-to-labor ratio, population growth harms growth in two ways. First, it increases the number of mouths that are to be fed with the scarce capital; second, it depresses the wage down by increasing demand for the already scarce jobs.
I agree with Easterly that none of these factors are "panaceas"; nevertheless, they are essential elements of growth policies in developing countries.

To me, the fundamental problem in Easterly's approach to economic development is his misreading of history and his failure to understand the dynamics of a capitalist growth. Easterly attributes rich countries' richness to their technological advancement and implementing right governmental policies. This approach has two inexcusable problems: first, it assumes that all countries can be rich if they employ right policies; second, it assumes that development is a national phenomenon. Like most economic liberals, Easterly shares Rostow's (1959) naïve belief that development has a path to be followed and "any and every" country that follows this path will become a rich country. This argument is simply against the scarcity of vital resources of the world. Today each inhabitant of the North consumes ten times as much energy, nineteen times as much aluminum, fourteen times as much paper, and thirteen times as much iron and steel as someone in the South. Thus, it would take ten planets the size of this one for poor countries to consume as much as rich ones do (Galeano 2000, p. 216). Given the scarcity of vital resources, what poor nations can achieve at most is to alleviate (or maybe eliminate) poverty, not to get rich. And even this cannot be done with their own efforts solely.

A related problem in Easterly's approach is its negligence of the relationship between economic and political power in the world (well, according to Gilpin, this is a common problem among economists). Thanks to its richness, the West (led by the US) enjoys economic, political, and military hegemony over the rest of the world. Any threat to this hegemony will preoccupy the Western countries. The US has already started to preoccupy with the Chinese economic growth, even though Chinese GDP per capita is still around $1000 only. How would be the power relations in a world in which Brazil, India, Nigeria, Indonesia, and China had GDP per capita levels above $10000? Would the powerful countries of the world welcome such a world? Interestingly, Easterly fails to apply his motto onto world politics: What "incentives" does G-7 have in the enrichment of poor countries?

4 out of 5 stars Great Themes and Practical Views.......2007-01-12

I was impressed with Easterly's objective viewpoint as well as his clarity of expressive economic ideas. It was great to read about historical progress on the poverty of nations and what ideas have not worked in the past. It is a great broad overview and it is presented in a very orderly and easy to understand way. I was entertained as I read as well with his personal experiences, metaphors and humor.

It is a good educational read.

5 out of 5 stars Fresh Approach.......2006-11-03

The setting and structure are atypical and a sense of humor is added for enjoyable reading. More important there is an element of hope for the dismal science.
The Age of Turbulence: Adventures in a New World
Average customer rating: 4.5 out of 5 stars
  • Insightful and fascinating for the layman and expert alike
  • A bit disappointed
  • Good reading for economy and financial wizzards.
  • Plain honesty in an age of carnavalistic showmanship.
  • Great Book!
The Age of Turbulence: Adventures in a New World
Alan Greenspan
Manufacturer: Penguin Press HC, The
ProductGroup: Book
Binding: Hardcover

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ASIN: 1594201315
Release Date: 2007-09-17

Book Description

In the immediate aftermath of September 11, 2001, in his fourteenth year as Chairman of the Federal Reserve Board, Alan Greenspan took part in a very quiet collective effort to ensure that America didn't experience an economic meltdown, taking the rest of the world with it. There was good reason to fear the worst: the stock market crash of October 1987, his first major crisis as Federal Reserve Chairman, coming just weeks after he assumed control, had come much closer than is even today generally known to freezing the financial system and triggering a genuine financial panic. But the most remarkable thing that happened to the economy after 9/11 was...nothing. What in an earlier day would have meant a crippling shock to the system was absorbed astonishingly quickly.

After 9/11 Alan Greenspan knew, if he needed any further reinforcement, that we're living in a new world - the world of a global capitalist economy that is vastly more flexible, resilient, open, self-directing, and fast-changing than it was even 20 years ago. It's a world that presents us with enormous new possibilities but also enormous new challenges. The Age of Turbulence is Alan Greenspan's incomparable reckoning with the nature of this new world - how we got here, what we're living through, and what lies over the horizon, for good and for ill-channeled through his own experiences working in the command room of the global economy for longer and with greater effect than any other single living figure. He begins his account on that September 11th morning, but then leaps back to his childhood, and follows the arc of his remarkable life's journey through to his more than 18-year tenure as Chairman of the Federal Reserve Board, from 1987 to 2006, during a time of transforming change.

Alan Greenspan shares the story of his life first simply with an eye toward doing justice to the extraordinary amount of history he has experienced and shaped. But his other goal is to draw readers along the same learning curve he followed, so they accrue a grasp of his own understanding of the underlying dynamics that drive world events. In the second half of the book, having brought us to the present and armed us with the conceptual tools to follow him forward, Dr. Greenspan embarks on a magnificent tour de horizon of the global economy. He reveals the universals of economic growth, delves into the specific facts on the ground in each of the major countries and regions of the world, and explains what the trend-lines of globalization are from here. The distillation of a life's worth of wisdom and insight into an elegant expression of a coherent worldview, The Age of Turbulence will stand as Alan Greenspan's personal and intellectual legacy.

A Timeline of a Remarkable Career
Mar. 6, 1926 Born in New York City
1936 At 10 sees Roosevelt campaigning; becomes expert on the 1936 Yankees
1938 Takes up clarinet at 12
1943-44 Studies clarinet at Julliard
Mid 1944 Joins Henry Jerome Band
1948 Graduates (summa cum laude) from New York University. (He later earns a master's in 1950 and a Ph.D. in 1977, also from NYU.) Hired as economic analyst at the Conference Board.
1954-74 Co-founds Townsend-Greenspan & Co. Inc., an economic consulting firm in New York City. (He returns in 1977.)
1974 Nominated by President Ford as chairman of the President's Council of Economic Advisors.
1983 Chair of bipartisan National Commission on Social Security Reform.
June 1, 1987 Nominated by President Reagan for Fed Chair. Confirmed by Senate August 3.
Oct. 19, 1987 Only 69 days into Greenspan's term, the Dow drops 508 points and 22%.
July 10, 1991 Nominated by President George H.W. Bush to a second term as Fed Chairman. Later nominated to a third (February 22, 1996) and fourth term (January 4, 2000) by President Clinton.
Apr. 6, 1997 Marries Andrea Mitchell
May 18, 2004 Nominated by President George W. Bush for a fifth term as Fed chairman
Jan. 31, 2006 Completes 18 ½ years at the Fed
Feb. 1, 2006 Forms Greenspan Associates LLC, an economic consulting firm
Alan Greenspan's Top 10 Classical and Jazz Favorites

Before Alan Greenspan embarked on his legendary financial career, he studied the clarinet at Julliard and played as a professional jazz musician (while doing tax returns for his bandmates). He chose 10 favorites for us from a lifetime of listening, including:

Mozart, Piano Concerto No. 23

Vivaldi, Complete Cello Concertos

Coleman Hawkins, "Body and Soul"

Customer Reviews:

5 out of 5 stars Insightful and fascinating for the layman and expert alike.......2007-10-22

I found this book to be both fascinating and insightful. I am 28 years old and am not an expert on economic policy, but do know the basics and have a love for information and history. For those of silimar interests I couldnt recommend this book more.
I particularly enjoyed his reflections regarding his personal interactions with former presidents such as Reagan, retelling, in detail his opinions regarding their decisions and their impact on our current world.
There are also many moments of delightful humor. For instance, after explaining how Alan would search the beach looking for coins during the depression, when people know ask why he walks with his head down, he responds, I am looking for money.
Of course, as Alan himself describes of modern politics, many in current washington are not going to like what he has to say and things he reveals(especially Bushians) but I felt that much of it was straightforward-ridiuculing both parties and himself and vice versa-complimenting both parties and himself.
Whether a republican or democrat, this book is a fascinating account of a life spent surrounded(even as a pre-teen) surrounded by those who have sculpted our society on all accounts(such as his very close relationship with Ayn Rand or playing the clarinet next to a young Stan Getz!!!!!!)
What a truly extraordinary life!!! My recommendation would be to listen to it on Audio CD rather than read it. I found listening to it after I read it to be much more accomadating to the type of thought induced by the ideas in the book. You can pace, search the internet regarding some economic equations, etc providing a fuller picture of what is being discussed(escpecially for someone was only 7 when he took over at the fed.

2 out of 5 stars A bit disappointed.......2007-10-22

I am a big fan of Alan Greenspan. I had seen some of his interviews before the book came out. This is kind of a slow read. More economics than I expected and less on the personal side than I would have liked.

4 out of 5 stars Good reading for economy and financial wizzards........2007-10-22

After many years of being chairman of the federal reserve, Alan Greenspan certainly deserves our curiosity and respect as a private person and as financial wizzard.
Since I am a simple homemaker a lot of the financial part was of course over my head which is to be expected. His personal life is kept quite private. I had expected a bit more 'personality', somewhere through the middle I almost lost interest.
I would consider it good reading for economic majors.

5 out of 5 stars Plain honesty in an age of carnavalistic showmanship........2007-10-22

It is very refreshing, whether you agree with him on all things or not, to find a person so pleasantly honest as Alan Greenspan. Openly optimistic about a free economy in American Captalism, he objectively evaluates past politicians he has dealt with, and provides clear-cut plans for us on future endeavors. Greenspan shows a scholarly as well as down-to-earth orientation to economics. A book to read to give one hope for the future economy of America.

5 out of 5 stars Great Book!.......2007-10-22

This is a wonderful book. It is full of interesting historical information while being thoroughly entertaining. What Bill Bryson does for physics Alan Greenspan does for economics. Anyone interesting in learning more about how the economy ticks should start with this book.
Adventures of an Economist
Average customer rating: 4 out of 5 stars
  • SCIENTIFIC BIOGRAPHY OF A GREAT ECONOMIST
  • Interesting view into a prominent economist's career
Adventures of an Economist
Franco Modigliani
Manufacturer: Texere
ProductGroup: Book
Binding: Hardcover

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ASIN: 1587990075

Book Description

Adventures of an Economist is both an autobiography and an uncommon opportunity to share the thinking of one of the world's most brilliant and influential economists. Franco Modigliani takes the reader on a journey from his childhood in Rome through Fascism, his flight from Nazism, and his arrival in the United States.

Customer Reviews:

5 out of 5 stars SCIENTIFIC BIOGRAPHY OF A GREAT ECONOMIST.......2006-02-12

Franco Modigliani is definitely among the handful of top economists of the 20th century. This book is his autobiography in which he not only describes the events that shaped his very interesting life, but also describes in the detail the fundametals of the theories that eventually led him to receive the Nobel prize.

He is well known for two ideas, the lifetime cycle of savings and the Modigliani-Miller finance theorem. Both are described in depth in the book in a simple enough way that someone with only a basic knowledge of economics will be able to understand. He also makes good arguments for the Keynesian economics camp, versus the classical economics of the Chicago school.

His is a inspiring tale of an escapee from fascist Italy who accomplishes much in his new land, the US. Modigliani is torn between his homeland, Italy, and his adopted land, the US. He has maintained close ties with Italy, devoting much of the book to describe his involvement in Italian economics and a bit of politics. He also focuses on his love for America and the lasting impressions of his welcome in the country had in his life, research, and philosophy.

To any economist, Modigliani should be a well known household name; his autobiography is a precious document that ought to remind economists what economics is all about, namely making the world a better place.

3 out of 5 stars Interesting view into a prominent economist's career.......2003-12-17

For anyone who'd like to know what the professional life of an acclaimed economist is like, this is a great book. But two things will surprise you. First, Modigliani had an extremely poor grasp of the importance of free markets. Much of his railings against Italy's over-regulated economy were, you quickly gleam from the book, based on his opinion that it wasn't being over-regulated properly. (!!!) Secondly, he apparently never bothered to have someone edit the book. Typos, grammer mistakes and missing graphs abound, to the point where you wonder how in the world the book got published.

I wouldn't recommend the book unless you are specifically looking for works on Modigliani's economics, or are generally curious about the career of a Nobel economist.
Adventures of a Home Economist
Average customer rating: Not rated
    Adventures of a Home Economist
    Ava Milam; J.Kenneth Munford Clark
    Manufacturer: Oregon State Univ Pres 1969.
    ProductGroup: Book
    Binding: Hardcover
    ASIN: B000OECXCK
    Adventures of a home economist
    Average customer rating: Not rated
      Adventures of a home economist
      Ava Milam Clark
      Manufacturer: Oregon State University Press
      ProductGroup: Book
      Binding: Unknown Binding

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      The Age of Turbulence: Adventures in a New World
      Average customer rating: 4.5 out of 5 stars
      • Interesting Perspective
      • Exceptionally broad and balanced view of economics and the state of the world in general
      • Greenspan - Major Contributor to Economic Thought
      • Too long, and too repetative, no insight
      • The Age of Turbulence
      The Age of Turbulence: Adventures in a New World
      Alan Greenspan
      Manufacturer: Penguin Audio
      ProductGroup: Book
      Binding: Audio CD

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      Similar Items:
      1. The Age of Turbulence: Adventures in a New World The Age of Turbulence: Adventures in a New World
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      ASIN: 0143142593
      Release Date: 2007-09-17

      Book Description

      Alan Greenspan conveys the education of a lifetime.

      Customer Reviews:

      5 out of 5 stars Interesting Perspective.......2007-10-22

      This book is fascinating, a window into the economic workings of the U.S. and a chance to experience the decision-making processes of our leadership. You don't need to be an economist to appreciate Greenspan's contribution and you don't need to be a supporter of any particular political party to enjoy his anecdotes. Great read!!

      5 out of 5 stars Exceptionally broad and balanced view of economics and the state of the world in general.......2007-10-20

      Alan Greenspan's book provides a truly exceptional overview of the world's economies with enough depth of explanation that opens up the surprisingly fascinating world of economics and world politics. Alan Greenspan did a great job of providing a balanced and inquisitive view of the governments around the world and their economic beliefs and policies. If future Federal Reserve Chairmen are half as brilliant and scientifically curious as Mr. Greenspan, the United States economy is in truly good hands. This fascinating literary work was extremely informative and a joy to read.

      5 out of 5 stars Greenspan - Major Contributor to Economic Thought.......2007-10-19

      Along with Milton Friedman, Adam Smith, John Kenneth Galbraith and John Maynard Keynes, generations will study Alan Greenspan - yet another major contributor to economic thought.

      3 out of 5 stars Too long, and too repetative, no insight.......2007-10-17

      Sorry, no good here, as with his green speak, this book is just as allusive, and gives no insight at all. I've been in the business for 25 years, and see nothing new here.

      4 out of 5 stars The Age of Turbulence .......2007-10-17

      I highly recommend this book. It gave me a much better understanding of how world economics work.Also it's a great American story of Alan Greenspan.
      The Foundations of Modern Austrian Economics
      Average customer rating: 4 out of 5 stars
      • Living in a kaleidic society
      The Foundations of Modern Austrian Economics

      Manufacturer: New York University Press
      ProductGroup: Book
      Binding: Paperback

      TheoryTheory | Economics | Business & Investing | Subjects | Books
      ASIN: 0836206541

      Customer Reviews:

      4 out of 5 stars Living in a kaleidic society.......2005-12-04

      Economics is known and derided all over the world at the same time. It lies at the heart of most government policies yet it's predictions are mostly wrong. There are more jokes about economics/economists than about most other things and and the same time within the general economics community there are many scholars who seek to improve the academic standing of the discipline. For a subject which has a Nobel prize there is a remarkable degree of debate and disagreement about the nature of the beast.

      This volume collects together a number of papers presented at a conference organised by the Institute of Humane Studies in 1974 at Royalton College in Vermont. This conference marked a resurgence of interest in the so-called Austrian School of Economics which today is supported by thousands of economists throughout the world many of whom have studied at one of the handful of American centres of research in the sub-discipline.

      For the novice, looking towards an introduction to the Austrian school may I suggest Stephen Littlechild's excellent work, which although a little dated remains the best available, the Fallacy of the Mixed Economy.

      The book is organised under four headings, Introduction, Theory and Method, Applications and Conclusion while the main contributors Murray Rothbard, Israel Kirzner and Ludwig Lachmann, who present tha majority of the papers represent three different strands of the Austrian scholarly tradition at the time.

      Dolan presents a summary of the tradition as an introduction to the book, presenting some of the central concepts and highlighting some of the differences between the Austrians and mainstream economics. In the following section, Theory and History Rothbard and Kirzner set out their stalls on the basis of the Austrain Movement. History and the phiosophy of the schoola are more of Rothbard's area of expertise while Kirzner looks at methodolgy and implications.

      For me, the third section was the more interesting for the elucidation of some key concepts and the differences between orthodox economics as we know it today. These papers are mainly the perogative of Kirzner and Lachmann although Rothbard contributes a paper on Austrian theory of money, a subject close to his heart and one which is vigorously promoted by the Mises Institute. For anyone new to this area these papers will open their eyes to some continuing controversies in the field. There is also an interesting paper by O'Driscoll and Shenoy on the general applicability of Austrian analysis to the then serious problem of stagflation rather than the failed analysis of the monetarist and Keynesian camps.

      The conclusion is a rather elegant and concise paper by Lachmann in an appeal to further develop the Austrian tradition as a distinct entity but to do so in conjunction with some of the reformists in the mainstream, citing Leijonhufvud and Shackle, making common cause to bring those tools and analyses into the general discipline.

      Whilst primarily of historic interest in seeing how the Austrian School was reinvigorated by the bringing together of those scholars , it is essentially a call to arms after all, this is a useful introduction to the central tenents of Austrian economics other than by studying the original texts.

      At a time when the economics profession both in academia and out is under considerable intellectual attack from a number of positions it is rewarding to note that while orthodoxy is failing there is a considerable body of thought and continuing research out there which is both relevant and useful. My rating of four stars is primarily due to some of the papers being overlong and with lengthy citations which detract from the main analysis. No criticism of the editor is intended, just a personal view of the compositions.
      The Foundations of Modern Austrian Economics
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        The Foundations of Modern Austrian Economics
        Herbert Brokering
        Manufacturer: HarperCollins (paper)
        ProductGroup: Book
        Binding: Paperback
        ASIN: 0030537916
        The elusive quest for growth: Economists' adventures and misadventures in the tropics [A book review from: Journal of Socio-Economics]
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          The elusive quest for growth: Economists' adventures and misadventures in the tropics [A book review from: Journal of Socio-Economics]
          H.M. Hochman
          Manufacturer: Elsevier
          ProductGroup: Book
          Binding: Digital

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          ASIN: B000RR6PDC

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          This digital document is a journal article from Journal of Socio-Economics, published by Elsevier in . The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.

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          The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics. (Book Review). (book review): An article from: Southern Economic Journal
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            The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics. (Book Review). (book review): An article from: Southern Economic Journal
            Devashish Mitra
            Manufacturer: Southern Economic Association
            ProductGroup: Book
            Binding: Digital

            GeneralGeneral | Business & Investing | Subjects | Books
            GeneralGeneral | Business & Investing | Subjects | e-Docs | Formats | Books
            ASIN: B0008F9HHY
            Release Date: 2005-07-30

            Book Description

            This digital document is an article from Southern Economic Journal, published by Southern Economic Association on April 1, 2002. The length of the article is 2815 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

            Citation Details
            Title: The Elusive Quest for Growth: Economists' Adventures and Misadventures in the Tropics. (Book Review). (book review)
            Author: Devashish Mitra
            Publication: Southern Economic Journal (Refereed)
            Date: April 1, 2002
            Publisher: Southern Economic Association
            Volume: 68 Issue: 4 Page: 979(5)

            Article Type: Book Review

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