The late, great Peter Bauer

An article (pdf) about Peter Bauer, the late, great development economist.

During most of Bauer’s career he remained a “voice in the wilderness”, “largely because he stood virtually alone in challenging the development orthodoxy that held central planning, forced savings, protectionism, and official international aid as main tenets.”

In the article William Easterly is quoted as stating that, “It is amazing how much of the research and thinking of my like-minded co-authors and me was anticipated decades ago by Bauer, without us realizing it.”

Peter Bauer’s contributions are often still neglected or marginalized in the economics profession.

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