Foreign Capital as an Instrument of National Economic Policy.

1964 ◽  
Vol 19 (4) ◽  
pp. 741
Author(s):  
Francis Murans ◽  
V. N. Bandera
Keyword(s):  
Economic Policy ◽  
Foreign Capital ◽  
National Economic ◽  
National Economic Policy

Economics as a Public Mission

2019 ◽  
pp. 115-143
Author(s):  
Amy C. Offner
Keyword(s):  
United States ◽  
Political Economy ◽  
Economic Policy ◽  
Latin America ◽  
National Development ◽  
The United States ◽  
Economic Research ◽  
National Economic ◽  
Specialized Form ◽  
National Economic Policy

This chapter focuses on John M. Hunter, the thirty-nine-year-old Illinois native who spoke as director of Colombia's first economic research center and addressed readers of one of Colombia's premier journals of economic research, the Revista del Banco de la República. It also talks about economics in Latin America. During the years after 1945, Colombian universities established freestanding economics programs where none had existed before. There had been men called economists in Colombia for decades; they were brilliant lawyers, engineers, businessmen, and politicians who made national economic policy and taught occasional courses in political economy on the side. But the crisis of the 1930s had inspired a new regard for economic expertise as a specialized form of knowledge, and Colombians set out to create a new kind of economist to steer the state. The invention of economics as an independent discipline, a nineteenth-century process in the United States and much of Europe, was thus a twentieth-century phenomenon in Latin America, born of new visions of national development and spearheaded by renowned men in business and government.

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