Word: hirschman
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Dates: during 1980-1989
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ALBERT O. HIRSCHMAN, professor at Princeton's Institute for Advanced Studies, long had faith in "economic development." In 1963, he wrote the highly influential Journeys Toward Progress. In an essay published last year, though, he epitomized contemporary disenchantment with the field, changing Toqueville's famous epigram from "A close tie and necessary relation exist between these two things: freedom and industry," to "A close tie and a necessary relation exist between these two things: torture and industry...