Hirschman, Albert. O

Cyrille Ferraton () and Ludovic Frobert
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Cyrille Ferraton: UMR ART-Dev - Acteurs, Ressources et Territoires dans le Développement - Cirad - Centre de Coopération Internationale en Recherche Agronomique pour le Développement - UPVM - Université Paul-Valéry - Montpellier 3 - UPVD - Université de Perpignan Via Domitia - UM - Université de Montpellier - CNRS - Centre National de la Recherche Scientifique

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Abstract: This entry will provide insights into Albert Hirschman intellectual trajectory and major concepts. We will over the main steps of his academic career and his major contributions to several and multidisciplinary fields. On the issue of law and economics, the entry underlines his high preference for pragmatic institutions (voice and the political arts of participation and deliberation at different social scales) and his everlasting caution to organic institutions (exit and spontaneous market mechanisms). However, we also state that in some of his contributions, Hirschman tried to rehabilitate, in an original and balanced way, the benefit consequences of organic institutions on the issues of growth and especially development.

Date: 2018
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Published in Alain Marciano; Giovanni Battista Ramello. Encyclopedia of Law and Economics, Springer, s.p., 2018, ⟨10.1007/978-1-4614-7883-6_739-1⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02148853

DOI: 10.1007/978-1-4614-7883-6_739-1

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