Bauer’s once-heretical development views moved closer to mainstream economics than Myrdal’s

Evidence

Yet in the same article Lal also acknowledges that Bauer is not only no longer dismissed as a dissenting voice within his field, but that his contributions are being increasingly recognized and celebrated. Indeed, by the time of Bauer’s death in 2002, his views were closer to mainstream development economics than those of Gunnar Myrdal, a frequent target of Bauer’s criticism who received one of two Nobel Prizes awarded in economics in 1974, the same year that the NIEO was declared by the G-77. — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 1773

Categorization

  • XREF: The Myrdal vs. Bauer contrast echoes the NIEO/neoliberal policy contest that runs through this book’s chapters. — connects to: Bauer mounted a critical attack on Myrdal’s development works — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 1364