Richard H. Kahn

Richard H. Kahn was a pioneering economist best known for his work on development economics and the informal economy. He explored how small-scale, informal activities like street vending and household production contribute significantly to a nation’s economy, especially in developing countries. Kahn emphasized that these activities are vital for employment and income, even if they are often overlooked by official statistics. His research helped policymakers better understand the importance of informal sectors and devise strategies for inclusive economic growth. His insights continue to influence economic development policies worldwide.