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Foreword by Gamani Corea
Development Economists in the Emperors
The Ideas of Defunct Economists
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accepted according achieve Adam Smith argument basic behaviour Buchanan capital capitalist Chapter Chenery collective-choice rules competitive equilibrium defunct economist developing countries development economics development economists development process discipline economic agents economic development economic growth efficiency emphasized empirical ensure equality equity especially ethical explicitly fact factors free markets government intervention Harrod-Domar model Hirschman important income and wealth individual liberty individual's inequality instance institutions investment Invisible Hand issues judgement justice justice as fairness Keynesian labour Lewis mainstream economics market failure maximize mixed economy moral rights Naqvi neo-classical economics neo-Keynesians normative noted Nozick optimal output Pakistan Pareto Pareto-optimality Pareto-optimality rule policy-makers political poor poverty principle problem process of economic production profit property rights question rational Rawls Rawlsian redistribution relevant research programme rich role rural savings social welfare society South Korea strategy structural change supply-side technological theoretical unemployment urban utilitarian utility wage Welfare Economics worst-off