Paul Rosenstein-Rodan

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Paul Narcyz Rosenstein-Rodan (born April 19, 1902 in Krakow , Austria-Hungary ; died April 28, 1985 in Boston ) was an Austrian economist.

Life

Rosenstein-Rodan was trained in Vienna in the Austrian tradition of economics, lived and taught in England after his emigration from 1930–47, worked at the World Bank from 1947–53 and then at various US universities (MIT, Texas, Boston). In 1961 he was elected to the American Academy of Arts and Sciences .

plant

Rosenstein-Rodan belonged to the fourth generation of the so-called Austrian School around Friedrich August von Hayek and coined a. a. the marginal utility theory .

Paul Rosenstein-Rodan's work can be divided into two epochs:

  • early work on pure theory in the years 1926 to 1936
  • and the following application-oriented treatment of problems of catching up economic development - beginning with the study Problems of the Industrialization of Eastern and South-Eastern Europe (1943), which, according to development economist Hans-Heinrich Bass , "was probably the first work in the subdiscipline of development economics at all ".

Rosenstein-Rodan's thesis (first expressed in 1943) became known that the complementarity of industries and the possibility of economies of scale required a development strategy of state -induced , large-scale industrialization ( big push in Rosenstein-Rodan's diction of 1957), combined with long-term state planning.

Therefore Rosenstein-Rodan was also a representative of the development economic strategy of balanced growth ( Balanced Growth ).

Fonts

  • The Role of Time in Economic Theory. In: Economica, 1934, pp. 77-97.
  • Problems of Industrialization of Eastern and South-Eastern Europe. In: Economic Journal, Vol 53, 1943, No. 210/211, pp. 202-211

literature

  • Hans-Heinrich Bass: Rosenstein-Rodan, Paul N .: The Role of Time in Economic Theory. In: D. Herz, V. Weinberger (Ed.): Lexicon of economic works. 650 groundbreaking writings from antiquity to the 20th century . Schäffer-Poeschel Verlag, Stuttgart 2006, p. 435 f.
  • Kunibert Raffer:  Rosenstein-Rodan, Paul Narcyz. In: New German Biography (NDB). Volume 22, Duncker & Humblot, Berlin 2005, ISBN 3-428-11203-2 , p. 74 f. ( Digitized version ).
  • Hans Ulrich Eßlinger: Rosenstein-Rodan, Paul Narciß. In: Harald Hagemann , Claus-Dieter Krohn (ed.): Biographical handbook of German-speaking economic emigration after 1933. Volume 2: Leichter branch. Saur, Munich 1999, ISBN 3-598-11284-X , pp. 581-587.

Individual evidence

  1. ↑ Report in the New York Times of April 30, 1985
  2. ↑ a b Hans-Heinrich Bass: Rosenstein-Rodan, Paul N .: The Role of Time in Economic Theory, in: D. Herz / V. Weinberger (ed.), Lexicon of economic works. 650 groundbreaking writings from antiquity to the 20th century, Stuttgart: Schäffer-Poeschel Verlag 2006, p. 435.
  3. ↑ Hans-Heinrich Bass: Rosenstein-Rodan, Paul N .: The Role of Time in Economic Theory, in: D. Herz / V. Weinberger (ed.), Lexicon of economic works. 650 groundbreaking writings from antiquity to the 20th century, Stuttgart: Schäffer-Poeschel Verlag 2006, p. 436.
personal data
SURNAME Rosenstein-Rodan, Paul
ALTERNATIVE NAMES Rosenstein-Rodan, Paul Narcyz
BRIEF DESCRIPTION Austrian economist
DATE OF BIRTH April 19, 1902
PLACE OF BIRTH Krakow
DATE OF DEATH April 28, 1985
Place of death Boston