The emergency period is described very well and India takes off soon after that. I finished its 237 pages in just under three hours, and I believe I am much better informed as a result. You came from an academic, theoretical economics background – but you’ve been chief economic adviser to the Indian government. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Economics in One Lesson, by Henry Hazlitt – As the book bills itself, it’s one of the shortest, surest ways to understand basic economics. He was my PhD adviser by the way, so I have some first-hand experience. Let’s go on to Imagining India: Ideas for the New Century, by Nandan Nilekani. A good book, clearly written as one would expect from an Economist author. Reason enough to visit that country, despite the drug war violence (my suggestion, not his). It attempts to take all the difficult concepts in international economics and present these in an easy to understand way – most readers agree that the book does this successfully. India is inflating faster than it has done in the past, and faster than many other countries, so that’s been a major challenge. The entire book is riveting to read. Depending how you count, almost any nation could be portrayed as argumentative. As an academic I wrote a paper pointing out that very often the equity objective and the growth objective are treated as two separate targets [for an economy] but that is not right. But a lot of global decisions are made by just a few countries. Please try again. Big Profits). There was a big showdown with Nixon. She had a morally strong position and she stood by it. This little gem can turn all of us into sophisticated and educated citizens." Freakonomics: A Rogue Economist Explores the Hidden Side of Everything (P.S.). It can only lead to policy failure. That is certainly one of my objectives. 4.21 avg rating — 14,924 ratings. I am drawn to Indira Gandhi the way one is to those tragic characters in history – flawed but at the same time dignified. Many of the books here are bestsellers, but we have included a few lesser-known titles that have had an important impact on how the public perceives economics. After viewing product detail pages, look here to find an easy way to navigate back to pages you are interested in. This site has an archive of more than one thousand interviews, or five thousand book recommendations. This is a very difficult question to answer without knowing your background in economics and whether you are looking for technical or casual reads. A must read in economic literacy." Read We publish at least two new interviews per week. Stiglitz does talk about these matters. In, The Little Book of Economics: How the Economy Works in the Real World, Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics, The Economics Book: Big Ideas Simply Explained, Mindful Economics: How the U.S. Economy Works, Why it Matters, and How it Could Be Different, Capitalism and Freedom: Fortieth Anniversary Edition, The Caring Economy: How to Win With Corporate Social Responsibility (CSR), The New School of Economics: The Platform and Theory Behind the New Physiocrats, HORN OF PLENTY – The Cornucopia of Your Life (Excellent Life Book 5). This is another interesting book, in a very different way though. What does the IMF do now that is different from in the past? I had just completed a course in Economics as part of an MBA program when I read this book, and was hoping that this book might quickly explain the "whys" and "hows" without all the long drawn-out explanations that you would get in a textbook.It's a pretty good overview, but I don't think it will satisfy the curiosity of anyone who tends to ask "the 5 whys" or even the 3 whys. In particular it gives the reader a good take on the recent upheavals in the economic system. At the same time, I’m arguing that a vastly better, vastly fairer and more equitable world is possible. I can try to. Is the book quite technical and detailed? Those are things I have to deduce for myself, from the recommendations being made in the book. He’s a serious historian, but it’s written in a way that really makes you want to turn the page. There isn’t an easy solution. There will be a total revamping of ports and airports, and we already have big investment going into roads. a vote for the world’s favourite Trollope novel. By the time she wins another election and comes back she is a changed person, mainly in terms of economic policies. For me, as an Indian policymaker, this is of great relevance, because it’s not just about the US and Europe, it is about Asian countries and emerging economies in general. Global Political Economy: Understanding the International Economic Order (2001) by Robert Gilpin and Jean M. Gilpin. Does India still have a long way to go before it is functioning well as a market economy? Read You have to recognise that the market is an important instrument and India has to use this instrument to do well, he reminds the reader. But we have to remember that a time must come when we have to go beyond nationalism, and celebrate only our international identity”. Just because they may not be contributing much to the coffers of the World Bank, the IMF et cetera, that doesn’t mean they shouldn’t have a say – just as we believe that, within a country, the fact that one person pays more tax doesn’t mean that that person should have multiple votes.
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