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Albert O. Hirschman


Who is Albert O. Hirschman?

Albert O. Hirschman a.k.a. Albert Otto Hirschman was an influential economist and the author of several books on political economy and political ideology. 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, he argued that disequilibria should be encouraged to stimulate growth and help mobilize resources. Key to this was encouraging industries with a large number of linkages to other firms.

Printed dictionaries and other books with definitions for Albert O. Hirschman

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Google previewEconomics and Sociology (1990)

Redefining Their Boundaries : Conversations with Economists and Sociologists by Richard Swedberg

Albert O. Hirschman is the author of several outstanding works in which economic problems are analyzed from an interdisciplinary perspective.1 The most famous of these is probably Exit, Voice, and Loyalty, but The Passions and the Interests, ...

Google previewThe Development Dictionary (2010)

A Guide to Knowledge as Power by Wolfgang Sachs

Paul Baran, The Political Economy of Growth, New York: Monthly Review Press, 1957; Gunnar Myrdal, Economic Theory and Underdeveloped Regions, London: Duckworth, 1957; Albert O. Hirschman, Strategy of Economic Development, ...

Google previewEncyclopedia of the Developing World (2013)

by Thomas M. Leonard

The general situation led economist Albert O. Hirschman to come up with the idea of economic "linkages." Hirschman pointed out that developing economies needed to consider production as a whole process, not just as producing the final ...

Google previewThe New Palgrave Dictionary of Economics (2016)

by NA NA

ALBERT O. HIRSCHMAN See also Tiebout hypothesis.

Google previewDictionary of the Social Sciences (2002)

by Craig Calhoun, Oxford University Press

Political scientist Albert O. Hirschman (Exit, Voice, and Loyalty, 1970) has characterized this in terms of a market situation: where exit costs are low, actors can abandon a product, firm, or other unsatisfactory situation. Where exit costs are high ...

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