Alexander Gerschenkron was a Ukrainian-born American economic . In , Gerschenkron wrote an essay Economic Backwardness in Historical Perspective, a cornerstone of his career, and of. C. P. KINDLEBERGER. Massachusetts Institute of Technology. Economic Backwardness in Historical Perspective: A Book of Essays. By A. GERSCHENKRON. Alexander Gerschenkron, Economic Backwardness in Historical Perspective: A Book of Essays. Cambridge, MA: Belknap Press of Harvard University Press.
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Gerschenkron had extremely good judgment or very good luck, or perhaps a combination of both. He flourished as the doyen of economic history in the United States.
Alexander Gerschenkron – Wikipedia
Backwardness was at the root of his model verschenkron late-comer economic development. His present reputation comes instead from his dedication to European economic history. Gerschenkron also warns of the possible difficulties of creating a government monopoly.
The war in Vietnam, and the student reaction, imposed a large cost, as it prespective to many others who had fled Europe in the s. It also worked in favor to a major part of the German peasantry.
Economic Backwardness in Historical Perspective: A Book of Essays
The considerable appeal of the Gerschenkron model derives not only from its logical and consistent ordering of the nineteenth- and early-twentieth-century European experience. It was not his direct dissertation supervision that was responsible.
Many of his students went on to have productive careers, and a good number of them have attained presidency of the Economic History Association. Charles Gulicka professor at the University of California, Berkeleyinvited Gerschenkron to be his research assistant. However, in the party ceased to exist after the Austrian Civil War.
Apparently disadvantageous initial conditions of access to capital could be overcome through new institutional arrangements. A Latecomer Who Emerged Victorious Alexander Gerschenkron and his ideas have had, like excellent wine, a remarkable maturing in recent years. In his essay, he mostly discusses Britain, Germany and Russia. He worked on the Federal Reserve Board for four years, and was eventually promoted to the head of the International Section. Born in Odessa inhe died in Cambridge, Massachusetts in Gerschenkron kept his former political affiliations a secret after he was able to immigrate to the United States.
There were four parts of that career that are relevant. Inhe enrolled in the University of Vienna’s school of economics, graduating in This was historicaal period when relationships with the Soviet Union became central to the United States, and when there were few others with his knowledge, interest and immense capacity to immerse econkmic in any and all information.
But he was the best scholar I have known. That accounted for its earlier attention, where the conditional nature of its predictions contrasted strongly with its Marxist and Rostovian alternatives.
Ashamed, yes; angry, no. He fled the Bolshevik Revolution with his father inapparently bound for Paris, but wound up in Vienna instead. His acceptance marked the real beginning of his academic career that subsequently was to flourish backwardess the rest of his life. On the other side is the reality of declining international assistance from the already developed North.
With a monopoly in place, the government could set a price policy, which would force a number of farmers to discontinue grain production for the market and eventually carry out the needed adjustment of high cost agriculture to backqardness international market conditions. So does the case of success in Asia. His theory of economic perspectibe contrasts strongly with other uniform stages theories, in particular Rostow’s stages of growth.
Rarer still is the doctoral student in economic history who remains uninfluenced by his beguiling hypotheses about the process of historical change within Europe since the Industrial Revolution. It all began, appropriately enough, with the Soviet Union. There were no equivalent stages of economic growth in all participants.
Gerschenkron spent twelve months researching and writing to help produce Gulick’s book, Austria: This page was last edited on 27 Decemberat Shura, as he was better known by those very close to him, is guaranteed a place in the pantheon of economic history.