Abstract
Gunnar Myrdal's approach to development economics is the result of a lifetime of wrestling with the role of values in social theory: he went from a wertfrei to a value permeation view of proper theory. His methodological position, which we would now call that of theory-ladenness and value-ladenness, appears to have predated a good deal of the philosophy of science's consideration of these issues. In addition, his search for a theory of adequate scope to do justice to real development problems led to a holistic model which crosses disciplinary boundaries. As an institutionalist, he views society from the postulate of circular causation of a system of conditions, likely to lead to cumulative effects.
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