...Reinhard Schumacher Hla Myint interpreted Adam Smith's “two distinct benefits” from foreign trade as a vent-for-surplus gain and a productivity gain. This classification has been adopted widely, but the vent-for-surplus gain has caused some debates. In this article, I show that Myint's...

... Solow, Ragnar Nurkse, Paul Rosenstein-Rodan, and Hla Myint. The heuristic role of the history of economic thought in Lewis’s works is discussed, as well as the influence of his London School of Economics background. Correspondence may be addressed to Mauro Boianovsky, [email protected]...

... in 1947 and was later incor- porated in a full-length book, Hla Myint contrasted the Classical and neo-Classical view of the economic problem and concluded that the Classical economists (and especially Adam Smith) were more con- cerned with problems of long-range growth and development...

...” rather than to variables more readily treated by economic analysis. This will be familiar to those who have read his Asian drama. Discus- sant Hla Myint concludes that Myrdal is too gloomy. Clearly Myrdal does not share Hirschman’s bias for hope. Paul Prebisch’s view comes much more clearly...

... of the state.* Generally, authors of treatises on the theory of welfare economics have been more willing to give Sidgwick credit for his efforts than historians of thought. Hla Myint observes Sidgwick’s influence in the construction of the foundations of modern welfare economics, and Baumol...

... on Foreign Trade: A Note on the ‘Vent-for-Surplus’ Argument. Economica 59 : 475 -81. Mill , John S. [1848] 1987 . Principles of Political Economy . Edited by W. Ashley. Fairfield: A. M. Kelley. Myint , Hla. 1958 . The ‘Classical Theory’ of International Trade Theory...

... Economist: An Account of His Life and a Compilation of His Main Writings , vol. 2. Aylesbury, England: University of Toronto Press. Myint , Hla . 1958 . The “Classical Theory” of International Trade and the Underdeveloped Countries. Economic Journal 68 ( June ): 317 -37. Rae , John...

..., The Meaning and Validity of Economic Theory (New York, 1956), chap. 3; Hla Myint. Theories of Welfare Economics (Cambridge. Mass., 1948), pas- sim. 5. For a good discussion of the productiveiunproductive labor concept. see also Myint. pp. 73-79. Myint failed, however. to see the connection...

... to mean society’s valuation of goods apropos of the struggle of man 3. Hla Myint, Theories of Welfare Economics (New Pork, 1962), p. 1. 4. David Ricardo, Works and Correspondence, ed. P. Sraffa (Cambridge, Eng., 1952), 7:24. 5. Professor Blaug states that ‘‘ the Ricardian emphasis...

... Stuart. [1848] 1970 . Principles of Political Economy and Their Application to Social Philosophy . Edited by Donald Winch. Harmondsworth, U.K.: Penguin Books. Mitchell, B. R. 1978 European Historical Statistics, 1750-1970 . Abridged ed. Cambridge: Cambridge University Press. Myint, Hla. 1962...

... zero marginal physical productivity, are employed in the urban service sector where marginal productivity is barely positive. For a review of the productive-labor theory, see: Hla Myint, Theories of Welfare Economics, reprint ed. (New York, 1%5), pp. 72-88; Joseph A. Schumpeter, History...

.... Section 3 investigates in turn the potential welfare relevance of the real measure in WN, the meaning of 1. The principal welfare interpretations have been advanced by Mark Blaug (1959; 1996, 48–51), Samuel Hollander (1973, 128–36), Glenn Hueckel (1998), and Hla Myint (1948, 16–26). Those who...

... . Principles of Political Economy, with Some of Their Applications to Social Philosophy . London: John W. Parker. ____. 1873 . Autobiography . London: Longmans, Green, Reader, and Dyer. Myint, Hla. 1977 . Adam Smith's Theory of International Trade in the Perspective of Economic Development. Economica...

... retirement in 1984, making use of the proximity of the Institute of Education to the London School of Econom- Backhouse / Mark Blaug, 1927–2011 575 ics to spend the years from 1964 to 1978 as a part-time teacher there, taking classes to support the lectures being given by Hla...

..., Ricardian Economics (New Haven, 1958); M. Blaug, Economic Theory in Retrospect, 2d ed. (London, 1968); R. G. Link, English Theories of Economic Fluctuations 1815-1848 (New York, 1959); Hla Myint, Theories of Welfare Economics (Cambridge, Mass., 1948); M. Paglin, Malthus...

.... Hla Myint, Theories of Welfare Economics (London, 1948), p. 78; also J. J. Spengler, “Adam Smith’s Theory of Economic Growth, Part 11,” Southern Economic Journal 26 (July 1951) :2 : ‘ ‘Smith’s treatment of capital allocation [is] at variance with his treatment of self-interest. ” 3...

... Economy 42:1 (2010) Development,” he was able to cite approvingly an obiter dictum of Hla Myint (whose own use of classical ideas on trade had done much to set the more sympathetic tone toward such ideas), to the effect that “a good devel- opment economist should also be something of an applied...

... reference to the 3. See T. W. Hutchison, A Review of Economic Doctrines, 1870-1929 (Ox- ford, 1953), p. 50; Hla Myint, Theories of Welfare Economics (New Pork, 1965), pp. 125-32; William J. Baumol, Welfare Economics and the Theory of the State (Cambridge, 1965), pp. 195-96. 154 HISTORY...

... and Private Decision-Making: A Critique ”. Journal of Law and Economics 2 ( 1 ): 41 – 63 . Morgan Mary S. 2012 . The World in the Model . Cambridge : Cambridge University Press . Myint Hla . 1948 . Theories of Welfare Economics . London : London School of Economics...

... and William Tait. Meek, Ronald L. 1956 . Studies in the Labour Theory of Value . London: Lawrence & Wishart. Mill, John Stuart. [1848] 1976 . Principles of Political Economy . Edited by Sir William Ashley. Fairfield,N.J.: Augustus M. Kelley. Myint, Hla. 1948 . Theories of Welfare Economics...