Citation
“Orthodox Heterodoxy: A Review of Dani Rodrik’s One Economics, Many Recipes,” (2009) Economic Journal, 119, F214-F218.

Download (PDF)
Orthodox Heterodoxy: A Review of Dani Rodrik’s One Economics, Many Recipes

Abstract
Few people have had as much impact on our thinking about comparative development as Dani Rodrik has. Starting out mostly as a trade theorist, he made seminal contributions to the political economy of growth and reform, before more recently focusing in on a related set of topics whose main feature is a ‘heterodox’ interpretation of the comparative growth experience. One Economics, Many Recipes collects an inter‐related set of essays which lays out this interpretation and what he sees as its policy implications. The book is passionate and lucid and I was reminded of Karl Marx’s famous remark ‘the point is not to understand the world, but to change it’. I think Dani would agree.

This heterodoxy was first sensed by the profession in his sustained empirical attack on the shibboleth that free trade and economic openness had an important causal…