What happens when the methods of the Chicago school of economics are applied to development problems? By collecting fifteen prime examples for this volume, David Wall has shown that these methods go a long way toward the clarification and solution of the economic problems faced by the world's underdeveloped countries. The contributors, all members of the Department of Economics at the University of Chicago, are Theodore Schultz, Harry G. Johnson, Arnold C. Harberger, Bert F. Hoselitz, and Larry A. Sjaastad, and D. Gale ...
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What happens when the methods of the Chicago school of economics are applied to development problems? By collecting fifteen prime examples for this volume, David Wall has shown that these methods go a long way toward the clarification and solution of the economic problems faced by the world's underdeveloped countries. The contributors, all members of the Department of Economics at the University of Chicago, are Theodore Schultz, Harry G. Johnson, Arnold C. Harberger, Bert F. Hoselitz, and Larry A. Sjaastad, and D. Gale Johnson. These Chicago economists share a common intellectual framework universally recognized in the profession and derived from three beliefs: first, that theory is of fundamental importance; second, that theory is irrelevant unless set in a definite empirical context; and third, that in the absence of evidence to the contrary, the market works. Critics of the Chicago school tend to ignore the first two of these and to overlook the qualifying proviso of the third. This volume sets out to rectify that misunderstanding and to circulate more widely some of the best work produced by the Chicago school. The essays in the opening "general" section clearly illustrate the characteristics of the Chicago school while also reflecting some well-known idiosyncrasies of four of its more prominent spokesmen. The other two sections, "Domestic Policy" and "Trade and Aid," cover topics on which Chicago authors have made a marked impact. Together, these essays will provide a basic reference book for students of the subject, illustrating one of the leading methods of analyzing economic development problems.
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Seller's Description:
HARDCOVER Good-Bumped and creased book with tears to the extremities, but not affecting the text block, may have remainder mark or previous owner's name-GOOD Standard-sized.
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Seller's Description:
This is an ex-library book and may have the usual library/used-book markings inside. This book has hardback covers. Clean from markings. In good all round condition. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 700grams, ISBN: 0226871541.
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Seller's Description:
Near fine condition. Very good+ condition (DJ) Book. Octavo (8vo). Signed by Author(s) xvi, 370 pages of text including an index. Hardcover binding in almost new condition. Unclipped dustjacket with minor sunning to spine and minor shelfwear; protected in archival mylar. Includes essays by Theodore W. Schultz, Harry G. Johnson, Arnold C. Harberger, Bert F. Hoselitz, Larry A. Sjaastad, and D. Gale Johnson. From the library of Theodore W. Schultz (1902-1998), winner of the 1979 Nobel Memorial Prize in Economic Sciences jointly with W. A. Lewis. Signed in ink on the front endpaper "T. W. Schultz Aug 1972."
