Albert hirschman and mary jayne gold

Published by EH.Net (December 2022).

Michele Alacevich. Albert O. Hirschman: An Intellectual Biography. New York: Columbia University Press, 2021. xvi + 332 pp. $26 (paperback), ISBN: 978-0231199834.

Reviewed for EH.Net by Adrian Darnell, retired Professor of Economics, Durham University.

 

Albert Otto Hirschman was a complex man whose early years were difficult, to say the very least. Born in Germany in 1915, he was the only son of an assimilated Jewish family. In 1933 and not 18 years old he was leaving Berlin in the first exodus of Germans fleeing Nazi oppression. His father, a neurosurgeon, had died just days earlier, and the young Hirschman began studies in Paris. By the time he was 30 had lived in seven different countries on three continents and could write and converse in five languages. He never studied for a higher degree yet went to hold major positions at a dozen elite institutions. To gain an understanding of the details behind these rather bald statements you simply have to read this fascinating book and its more than fascinating subject.

Hirschman’s work

Albert O. Hirschman (1915 - 2012)

Albert O. Hirschman served on the faculty of the School of Social Science from 1974 to 2012. His work contributed to the discussion around the economic reasons for the emergence of authoritarian regimes in Latin America in the sixties and seventies and for the return to democratic forms of governance in the eighties. His writing was path-breaking in many areas. His initial work on "unbalanced growth" was important for rethinking development theory; Exit, Voice and Loyalty provided a way of articulating individual and collective responses to a range of institutions from the family to the fall of the German Democratic Republic. He traced the contrast between "interests" and "passions" in the history of social thought from Machiavelli to Tocqueville. He also wrote on the principal forms taken by "reactionary" and "progressive" rhetoric over the past two centuries, demonstrating the powerful attraction exercised by certain invariant arguments. A biography by Princeton University historian Jeremy Adelman  Worldly Philosopher, The Odyssey of

Albert O. Hirschman

Economist (1915–2012)

Albert Otto Hirschman[1] (born Otto-Albert Hirschmann; April 7, 1915 – December 10, 2012) was a German economist and the author of several books on political economy and political ideology. His first major contribution was in the area of development economics.[2] Here he emphasized the need for unbalanced growth. He argued that disequilibria should be encouraged to stimulate growth and help mobilize resources, because developing countries are short of decision-making skills. Key to this was encouraging industries with many linkages to other firms.

His later work was in political economy and there he advanced two schemata. The first describes the three basic possible responses to decline in firms or polities (quitting, speaking up, staying quiet) in Exit, Voice, and Loyalty (1970).[3] The second describes the basic arguments made by conservatives (perversity, futility and jeopardy) in The Rhetoric of Reaction (1991).

In World War II, he played a key role in rescuing refugees in occupied France.

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