Alexander Gerschenkron, Economic Backwardness in Historical Perspective: A Book of Essays. Cambridge, MA: Belknap Press of Harvard University Press. Economic Backwardness in Historical Perspective, Alexander Gerschenkron, Cambridge, The Belknap Press of Harvard University Press, Pp. ($ ). Economic Backwardness in Historical Perspective: A Book of Essays. By Alexander Gerschenkron. Cambridge: The Belknap Press of Harvard University Press.

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Alexander Gerschenkron

bacmwardness It rejected the English Industrial Revolution as the normal pattern of industrial development and deprived the original accumulation of capital of its central force in determining subsequent expansion.

Berschenkron alerts New issue alert. To purchase short term access, please sign in to your Oxford Academic account above. His seminar then, and the availability of fellowship support, attracted several Harvard students, and even some from neighboring MIT, to work in the field. It is likewise anti-Rostovian. Gerschenkron did not define economic backwardness but alluded to related factors: You could not be signed in.

The countries of Asia have managed to regain their position of primacy in global growth rates. Don’t already have an Oxford Academic account?

Alexander Gerschenkron and his ideas have had, like excellent wine, a remarkable maturing in recent years. What has given it greater recent notice has been its broad scale generalization to the experience of the many late late-comers of the present Third World. However, in the party ceased to exist after the Austrian Civil War.

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Important as the work was at the time, deflating vastly superior Soviet growth, it was not to be the basis of his subsequent fame. He fled the Bolshevik Revolution with his father inapparently bound for Paris, but wound up in Vienna instead. Newsletters To join the newsletters or submit a posting go to click here.

I summarize it here in four hypotheses: He flourished as the doyen of economic history in the United States. Bread and Democracy in Germany”.

Economic Backwardness in Historical Perspective

Cliometrics was the new terminology. InGerschenkron and his family emigrated to the United States after the annexation of Austria to the German Reich. By the mids, ten of his students, both in Soviet economics and economic history, prepared a Festschrift in his honor.

A Latecomer Who Emerged Victorious Alexander Gerschenkron and his ideas have had, like excellent wine, a remarkable maturing in recent years.

As an example of his facility with languages, Deirdre McCloskey tells of Gerschenkron’s harsh evaluation of a Russian translation: InGerschenkron published a celebrated article, A Dollar Index of Soviet Machinery Output, — toin which he introduced what is now called the Gerschenkron effect the difference between calculated Paasche and Laspeyres volume indexes.

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That was successful, but inadequate. His third great contribution came through his students. History, even of Europe alone, does not in every detail bear easily the weight of such a grand design.


Academy of Political Science. His recruitment techniques were subtle but effective. It also worked in favor to a major part of the German peasantry. Elements of modernity and backwardness could survive side by side, and did, in a systematic fashion.

This “Gerschenkron effect” was a significant finding that deflated the announced superior Yerschenkron growth.

Retrieved 16 April Retrieved from ” https: Also, the more coercive and comprehensive were the measures required to reduce domestic consumption and allow national saving.

Economic Backwardness in Historical Perspective — Alexander Gerschenkron | Harvard University Press

Should one renationalize after the extraordinary privatization that has occurred over the last decade or so? But it began equivocally. His present reputation comes perspdctive from his dedication to European economic history. State intervention could, and did, compensate for the inadequate supplies of capital, skilled labor, entrepreneurship and technological capacity encountered in follower countries seeking to modernize.

For those who went on in the field more seriously, the regular evening seminar became the focus.