The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Bauer, Peter Thomas (1915–2002)

  • James A. Dorn
Reference work entry


Peter (Lord) Bauer, one of the pioneers of early post-Second World War development economics, stood almost alone in the 1940s and 1950s in questioning the prevailing orthodoxy.


Bauer, P.T. Capital accumulation Central planning Democracy Development economics Economic freedom Foreign aid Free trade Freedom of contract Gains from trade Institutional economics Limited government Poverty Poverty traps Property rights Total factor productivity 

JEL Classifications

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  1. Dorn, J.A. 2002. Economic development and freedom: The legacy of Peter Bauer. Cato Journal 22: 355–371.Google Scholar
  2. Yamey, B.S. 2005. Peter Bauer: An unusual applied economist. Cato Journal 25: 449–453.Google Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • James A. Dorn
    • 1
  1. 1.