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<p/><br></br><p><b> About the Book </b></p></br></br><p>Originally published in 1967, the modest and plainly descriptive title of <i>Development Projects Observed</i> is deceptive. Today, it is recognized as the ultimate volume of Hirschman's groundbreaking trilogy on development, and as the bridge to the broader social science themes of his subsequent writings. Though among his lesser-known works, this unassuming tome is one of his most influential.</p> <p>It is in this book that Hirschman first shared his now famous Principle of the Hiding Hand. In an April 2013 <i>New Yorker</i> issue, Malcolm Gladwell wrote an appreciation of the principle, described by Cass Sunstein in the book's new foreword as a bit of a trick up history's sleeve. It can be summed up as a phenomenon in which people's inability to foresee obstacles leads to actions that succeed because people have far more problem-solving ability that they anticipate or appreciate.</p> <p>And it is in <i>Development Projects Observed</i> that Hirschman laid the foundation for the core of his most important work, <i>Exit, Voice, and Loyalty</i>, and later led to the concept of an exit strategy.</p><p/><br></br><p><b> About the Author </b></p></br></br><p> <b>Albert O. Hirschman</b> (1915-2012) was an influential economist who is widely regarded as one of the twentieth century's most extraordinary intellectuals. His other books include <i>Exit, Voice, and Loyalty: Responses to Decline in Firms, Organizations, and States</i> (Harvard University Press, 1970) and <i>The Strategy of Economic Development </i>(Yale University Press, 1958).</p>

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