Margins
National Power and the Structure of Foreign Trade book cover
National Power and the Structure of Foreign Trade
1969
First Published
3.94
Average Rating
196
Number of Pages
Book
Avg Rating
3.94
Number of Ratings
18
5 STARS
17%
4 STARS
61%
3 STARS
22%
2 STARS
0%
1 STARS
0%
goodreads

Author

Albert O. Hirschman
Albert O. Hirschman
Author · 10 books

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 arguments made by conservatives (perversity, futility and jeopardy) in The Rhetoric of Reaction (1991).

548 Market St PMB 65688, San Francisco California 94104-5401 USA
© 2026 Paratext Inc. All rights reserved