The Economics of Underdevelopment

My interest in economics was spurred by a two-year Peace Corps stint in Northeastern Brazil (1965-67). The contrast between rich land and poor people was overwhelming. People working hard yet living in such grinding poverty that fewer than half their babies lived to adulthood was at odds with everything I thought I knew about how economies worked. The publications listed here were part of the fruits of my subsequent study of the economics of underdevelopment.