During the 1950s a “development economics” emerged that was different from neoclassical and Keynesian economics. It focused specifically on developing countries, and it had greater practicality in terms of a more immediate policy orientation. Development economics assumed that economic processes in developing countries were distinct from those of developed countries, as the structuralists argued. But gradually moneconomics (the position that all economies work in similar ways and that neoclassical economics was universally applicable) came back in, although “getting the prices right” (the standard neoclassical remedy to making an economy efficient) was acknowledged to be more difficult in the developing world. Also while population, technology, institutions, and entrepreneurship were exogenous (assumed to be outside the system) in neoclassical economics, they were endogenous (within the system) for development economics—indeed, these were often the main factors requiring economic explanation. The position of development economics eventually became not that neoclassical economics was inapplicable to Third World development, but that it needed to be extended to problems of income distribution, poverty, and basic needs, or to be modified because the unemployment problem was not of the Keynesian variety (Meier 1984: 145–147). The result was a hybrid development economics, a melange of ideas, part structuralist, part neoclassical, part Keynesian, part pragmatic.