Rostow was a controversial and influential economist.He was a descendant of Russian Jews who immigrated to the United States and became a top student at Yale.
He later went to Oxford for a master’s degree and then returned to Yale for a doctorate.During World War II, he was hired by the U.S. Office of Strategic Services to work with another economist and bring his expertise to the service of the anti-Fascists – primarily to study how bombing Germany could be won as quickly as possible.
Their conclusion at the time was interesting: bombing oil installations rather than transport hubs would have had a greater impact on the failure of fascism;The method used is the basic method of economics.
After the war, he taught in many famous universities, mainly studying economic history and economic thought.Because he advocated that the developing countries should provide aid to the developing countries, he was hired by the Kennedy and Johnson administrations and became one of the decision-makers in the White House.
Most controversially, he promoted the Vietnam War, advocated mass conscription in Vietnam and bombed the south of North Vietnam.When the Vietnam War ended and Johnson was ousted, he was no longer employed by any academic institution because anti-war sentiment in the US had reached its highest point since the second world war.
Finally, he taught at a research center in Austin set up by Lyndon Johnson, giving him decades of quiet academic study.
His idea of “taking off” was invited to give an academic lecture in Cambridge in 1958, summarizing the experience of western industrialization and refining the concept of “taking off”.
He gave the lecture in ’58 and published it in’ 60 with the title ‘Stages of Economic Growth’.I don’t think that in our academic tradition, a person’s words would be invalidated by his words. His book, the ideas he offers, and maybe some kind of reference.
Rostow’s growth theory, especially the take-off theory, is preferable to the fact that he regards the entire economic development as a very long process rather than a simple function that can be described and characterized.
Since this is a long process, it can be studied in several stages.The most critical stage is the “take-off” stage from the traditional economy, which is characterized by relying on natural resources and relying on fate rather than the active use of science and technology.