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From Subsistence to Exchange and Other Essays : New Forum Books - Peter Tamas Bauer

From Subsistence to Exchange and Other Essays

New Forum Books

By: Peter Tamas Bauer, Amartya K. Sen (Introduction by)

Paperback Published: 25th April 2004
ISBN: 9780691117829
Number Of Pages: 168

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Peter Bauer, a pioneer of development economics, is an incisive thinker whose work continues to influence fields from political science to history to anthropology. As Nobel Laureate Amartya Sen writes in the introduction to this book, "the originality, force, and extensive bearing of his writings have been quite astonishing." This collection of Bauer's essays reveals the full power and range of his thought as well as the central concern that underlies so much of his diverse work: the impact of people's conduct, their cultural institutions, and the policies of their governments on economic progress.

The papers here cover pressing and controversial issues, including the process that transforms a subsistence economy into an exchange economy, the reputed correlation between poverty and population density, the alleged responsibility of the West for Third World poverty, the often counterproductive results of foreign aid, and the effects of egalitarian policies on individual freedoms. Bauer addresses these and other matters with clarity, verve, and wit, combining his deep understanding of economic theory and methodology with keen insights into human nature. The book is a penetrating account of how to develop a prosperous economy alongside a free and fair society and a stimulating introduction to the work of a man who has done so much to shape our modern understanding of developing economies and of the relationship of economics to the other social sciences.

"This selection of essays will give readers a wonderful opportunity to learn about the rich world of cognizance and analysis erected by one of the great architects of political economy. I feel privileged to be able to offer this letter of invitation."--From the introduction by Amartya Sen, Nobel Laureate in economics

Industry Reviews

"For half a century, Peter Bauer has been a towering iconoclast among development economists, consistently unafraid to demolish conventional wisdom with penetrating insight... [T]his excellent collection of essays... [is] a wonderful introduction to a mind that takes no prisoners."--The Economist "Whether or not the reader agrees with [Bauer's] positions, they are carefully and thoughtfully argued. "--Foreign Affairs "[Bauer] has also been interested in explaining the Zeitgeist which produced-and in many cases continues to project-the influential ideas and policies which are in such total disregard of readily observable reality. It is these reflections, contained in a number of essays in this book, which are likely to resonate with the general reader observing the contemporary world scene."--Deepak Lal, Times Literary Supplement

Introductionp. ix
From Subsistence to Exchangep. 3
Disregard of Realityp. 15
The Land and the Peoplep. 28
Population Explosion: Disaster or Blessingp. 30
Foreign Aid: Abiding Issuesp. 41
Western Guilt and Third World Povertyp. 53
The Liberal Death Wishp. 73
Ecclesiastical Economics: Envy Legitimizedp. 94
Hong Kongp. 109
Effective Influence on Opinion: The Shenoy Memorial Lecturep. 116
Class on the Brainp. 125
Egalitarianism: A Delicate Dilemmap. 139
Indexp. 149
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780691117829
ISBN-10: 0691117829
Series: New Forum Books
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 168
Published: 25th April 2004
Publisher: Princeton University Press
Country of Publication: US
Dimensions (cm): 22.86 x 15.24  x 1.27
Weight (kg): 0.27