Harvard University Press, 293 pp., $17.50
Peter Bauer is one of the most distinguished development economists in the world, and undoubtedly the foremost conservative one. His pioneering study of the rubber industry—published in 1948—established him as an applied economist of exceptional skill. He has written on a vast range of topics, including the market mechanism, the nature of West African trade, abuses of planning, and occupational statistics. There are few branches of development economics in which Bauer has not had something interesting and important to say. And he has gone beyond development economics into the study of comparative economic systems, international economic relations, and general political economy.
Review, 3681 words
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