Kvangraven, Ingrid Harvold Kesar, Surbhi and Dutt, Devika
The colonial origins of economicsv - Economic & Political Weekly - 59(42), Oct, 19, 2024: p.22-25
By providing an easy and elegant “answer” to the complex process of development, albeit a wrong one, Daron Acemoglu, Simon Johnson and James Robinson’s rise to prominence has lent support to a very particular understanding of development that is now prevalent in the discipline. It also provided an easy, unfalsifiable, and arguably racist narrative of underdevelopment, that reinforces Eurocentrism and a colonial world view. The awarding of the Nobel Prize in Economics to AJR once again reveals the insular nature of the discipline, and its resistance to fundamental change and improvement, apart from very narrow changes in methodology.- Reproduced
https://www.epw.in/journal/2024/42/commentary/colonial-origins-economics.html
The colonial origins of economicsv - Economic & Political Weekly - 59(42), Oct, 19, 2024: p.22-25
By providing an easy and elegant “answer” to the complex process of development, albeit a wrong one, Daron Acemoglu, Simon Johnson and James Robinson’s rise to prominence has lent support to a very particular understanding of development that is now prevalent in the discipline. It also provided an easy, unfalsifiable, and arguably racist narrative of underdevelopment, that reinforces Eurocentrism and a colonial world view. The awarding of the Nobel Prize in Economics to AJR once again reveals the insular nature of the discipline, and its resistance to fundamental change and improvement, apart from very narrow changes in methodology.- Reproduced
https://www.epw.in/journal/2024/42/commentary/colonial-origins-economics.html