Heterodox
A piece of history, even if, of course, dated.Gunnar Myrdal (1898–1987) gave this lecture at the University of California, Los Angeles (UCLA) in 1966 about the US, Europe, and international development in the Third World.Gunnar Myrdal was a much underrated economist, and so much so that G. L. S. Shackle – whether rightly or wrongly – judged that “had the General Theory never been written, Myrdal’s work [sc. Monetary Equilibrium 1931] … would eventually have supplied almost the same theory”...
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