Albert O. Hirschman


Born
in Berlin, Germany
April 07, 1915

Died
December 10, 2012

Genre


Albert Otto Hirschman was an 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. 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). The second describes the basic argum
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Average rating: 4.08 · 1,834 ratings · 181 reviews · 40 distinct worksSimilar authors
Exit, Voice, and Loyalty: R...

4.15 avg rating — 757 ratings — published 1970 — 6 editions
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The Passions and the Intere...

4.13 avg rating — 566 ratings — published 1977 — 23 editions
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The Rhetoric of Reaction: P...

3.99 avg rating — 285 ratings — published 1991 — 14 editions
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Shifting Involvements: Priv...

3.98 avg rating — 47 ratings — published 1981 — 9 editions
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The Essential Hirschman

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3.82 avg rating — 38 ratings — published 2013 — 5 editions
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The Strategy Of Economic De...

4.06 avg rating — 17 ratings — published 1958 — 5 editions
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Rival Views of Market Socie...

3.77 avg rating — 13 ratings — published 1992 — 3 editions
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Crossing Boundaries: Select...

3.53 avg rating — 15 ratings — published 1998 — 4 editions
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Development Projects Observed

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3.50 avg rating — 22 ratings — published 1967 — 7 editions
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National Power and the Stru...

really liked it 4.00 avg rating — 9 ratings — published 1969 — 4 editions
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More books by Albert O. Hirschman…
“Creativity always comes a surprise to us; therefore we can never count on it and we dare not believe in it until it has happened. In other words, we would not consciously engage upon tasks whose success clearly requires that creativity be forthcoming. Hence, the only way in which we can bring our creative resources fully into play is by misjudging the nature of the task, by presenting it to ourselves as more routine, simple, undemanding of genuine creativity that it will turn out to be”
Albert O. Hirschman

“History is nothing if not far-fetched.”
Albert O. Hirschman

“people undertake some new task not because of a challenge, but because of the assumed absence of a challenge because the task looks easy…and then, once they are stuck with it, they have willy-nilly to overcome the unsuspected difficulties—and sometimes they even succeed.”
Albert O. Hirschman, Development Projects Observed