Development Projects Observed by Albert O. HirschmanDevelopment Projects Observed by Albert O. Hirschman

Development Projects Observed

byAlbert O. HirschmanForeword byCass R. SunsteinAfterword byMichele Alacevich

Paperback | December 10, 2014

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Originally published in 1967, the modest and plainly descriptive title ofDevelopment Projects Observedis deceptive. Today, it is recognized as the ultimate volume of Hirschman's groundbreaking trilogy on development, and as the bridge to the broader social science themes of his subsequent writings. Though among his lesser-known works, this unassuming tome is one of his most influential.

It is in this book that Hirschman first shared his now famous "Principle of the Hiding Hand." In an April 2013New Yorkerissue, Malcolm Gladwell wrote an appreciation of the principle, described by Cass Sunstein in the book's new foreword as "a bit of a trick up history's sleeve." It can be summed up as a phenomenon in which people's inability to foresee obstacles leads to actions that succeed because people have far more problem-solving ability that they anticipate or appreciate.

And it is inDevelopment Projects Observedthat Hirschman laid the foundation for the core of his most important work,Exit, Voice, and Loyalty, and later led to the concept of an "exit strategy."

Albert O. Hirschman(1915-2012) was an influential economist who is widely regarded as one of the twentieth century's most extraordinary intellectuals. His other books includeExit, Voice, and Loyalty: Responses to Decline in Firms, Organizations, and States(Harvard University Press, 1970) andThe Strategy of Economic Development(Yale Uni...
Title:Development Projects ObservedFormat:PaperbackDimensions:200 pages, 8.5 × 5.5 × 0.68 inPublished:December 10, 2014Publisher:Brookings Institution PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0815726422

ISBN - 13:9780815726425