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Albert Otto Hirschman

Albert Otto Hirschman is an influential economist who has authored several books on political economy and political ideology.

Major achievements

  • His first major contribution was in the area of development economics. Here he emphasized the need for unbalanced growth. Because developing countries are short of decision making skills, disequilibria to stimulate these and help mobilize resources should be encouraged. Key to this was encouraging industries with a large number of linkages to other firms.

    His later work was in political economy and there he advanced two simple but intellectually powerful schemata. The first describes the three basic possible responses to decline in firms or polities: Exit, Voice, and Loyalty. The second describes the basic arguments made by conservatives: perversity, futility and jeopardy, in The Rhetoric of Reaction.

Works

  • 1970. Exit, Voice, and Loyalty: Responses to Decline in Firms, Organizations, and States. Cambridge, Master of Arts: Harvard University Press
  • 1991. The Rhetoric of Reaction: Perversity, Futility, Jeopardy. Cambridge, Master of Arts: The Belknap Press of Harvard University Press.
  • 1945. National Power and the Structure of Foreign Trade 1980 expanded educated, Berkeley : University of California Press
  • 1955. Colombia; highlights of a developing economy. Bogotá: Banco de la Republica Press.

Membership

  • Fellow American Economic Association; National Academy of Sciences

  • Council Foreign Relations

  • American Academy Arts and Scis.

  • American Philosophical Society (Thomas Jefferson medal 1998); foreign British Academy

Personality

Interests

Theatre

Connections

  • father: Carl
  • mother: Hedwig
  • Sister: Ursula Hirschmann
  • colleagues: Varian Mackey Fry
Albert Otto Hirschman
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Born April 7, 1915
Nationality
Ethnicity:
  • 1978
    Rutgers University
  • 1986
    University Southern California
  • 1987
    University Turin
  • 1988
    New School Social Research
  • 1988
    Free University Berlin
  • 1989
    University Paris
  • 1989
    University Buenos Aires
  • 1990
    University Campinas
  • 1990
    Georgetown University
  • 1990
    Yale University
  • 1990
    University Trier
  • 1992
    Santander
  • 1993
    University Coimbra
  • 1993
    University Paris
  • 1993
    Williams College
  • 1998
    University Naples
  • 2001
    University Complutense
  • 1932 - 1937
    Humboldt University of Berlin
  • 1936 - 1936
    London School of Economics
  • 1937 - 1938
    University of Trieste
  • 1941 - 1943
    A Rockefeller Fellow, University of California, Berkeley
  • 1943 - 1946
    soldier, United States Army (1943–1946)
  • 1946 - 1952
    Chief of the Western European and British Commonwealth Section, Federal Reserve Board
    Washington, United States
  • 1952 - 1954
    financial advisor, National Planning Board of Colombia
  • 1954 - 1956
    private economic, consultant Colombia
  • 1954 - 1956
    private economic counselor, Bogotá
  • 1956 - 1958
    professor, Yale University
  • 1958 - 1964
    professor, Columbia University
    United States
  • 1964 - 1974
    professor, Harvard University
  • 1974 - 1985
    professor, Institute for Advanced Study
    Princeton, New Jersey, United States
  • 2000 - 2002
    Harvard University
  • 2000 - 2002
    European University Institute
  • show more ...

Contributor  

Ekaterina Minova last changed 12/11/2012 view changes

Darya Ya

last changed 31/05/2017 view changes
  • Other interests
  • Works
    • book: [(The Passions and the Interests: Political Arguments for Capitalism Before Its Triumph )] [Author: Albert O. Hirschman] [Jan-2014]
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