ABSTRACT
As comment makes clear, Hans Singer joins the author in the belief that the relevant language is that of political economy. But with both of the author’s other critics, the political dimension of economics is reduced to vestigial proportions. Professor Martin Bronfenbrenner introduces the political dimension of economics obliquely when he mentions the need for ‘good government’ to effectively administer a Redistribution with Growth strategy, while Gustav Ranis subsumes the political element of economic theory under the curious phrase ‘social consensus coalitions’. Bronfenbrenner thinks that the two policy doctrines under discussion are ‘to a great extent rivals, the first stressing exports, the second domestic production’. The World Bank is helping to finance some expensive rural projects that succeed in raising production and improving the incomes of a small number of successful peasants.
