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OSTACOLI ALLO SVILUPPO? VARIAZIONI SU UN TEMA DI ALBERT HIRSCHMAN (Ostacles to Development?)

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Abstract

The fundamental theme underlying Hirshman’s thought regards the nature of the process of the economic choice. He argues that the search of “appropriateness” between too much and too little, expresses our aspiration to well-being, better than the idea of an objective concerning pleasure maximization. Besides this is due to the fact that the most relevant among our choices don’t allow us to characterize an optimal solution, but press for the “appropriate” alternation of different criteria. Once the choice has been carried out, we usually aim, trough a mechanism of reduction of the cognitive dissonance, to weaken disappointment and regret for the criteria we have discarded. It is on the very base of these theses that Hirschman discusses which “strategies” could better enhance our economic choices.

Suggested Citation

  • Nicolò Bellanca, 2007. "OSTACOLI ALLO SVILUPPO? VARIAZIONI SU UN TEMA DI ALBERT HIRSCHMAN (Ostacles to Development?)," Working Papers - Economics wp2007_03.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
  • Handle: RePEc:frz:wpaper:wp2007_03.rdf
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    References listed on IDEAS

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    2. Robert J. Oxoby, 2004. "Cognitive dissonance, status and growth of the underclass," Economic Journal, Royal Economic Society, vol. 114(498), pages 727-749, October.
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    More about this item

    Keywords

    Economic development; cognitive dissonance; tragic choices;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O29 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Other

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