Raisina Model

Politics & Social Sciences

DESAI, meghnad

Politics & Government

India Penguin

This collection of Meghnad Desai's essays are a treatise on the political economy of South Asia in general and of India in particular, in the last thirty five years. They venture into political history and engage in issues of policy. All these articles are in response to the issues that have been in the forefront of study since the early 1960s.

Development and Nationhood: Essays in the Political Economy of South Asia

Business & Money

Economics

Oxford University Press

A frank assessment of economists’ blindness before the financial crash in 2007–2008 and what must be done to avert a sequel The failure of economists to anticipate the global financial crisis and mitigate the impact of the ensuing recession has spurred a public outcry. Economists are under fire, but questions concerning exactly how to redeem the discipline remain unanswered. In this provocative book, renowned economist Meghnad Desai investigates the evolution of economics and maps its trajectory against the occurrence of major political events to provide a definitive answer. Desai underscores the contribution of hubris to economists’ calamitous lack of foresight, and he makes a persuasive case for the profession to re-engage with the history of economic thought. He dismisses the notion that one over-arching paradigm can resolve all economic eventualities while urging that an array of already-available theories and approaches be considered anew for the insights they may provide toward preventing future economic catastrophes. With an accessible style and keen common sense, Desai offers a fresh perspective on some of the most important economic issues of our time.

Hubris: Why Economists Failed to Predict the Crisis and How to Avoid the Next One

Yale University Press

Marxian Economics

Rowman Littlefield

WileyBlackwell

Rowman & Littlefield Pub Inc

Lenin's Economic Writings

Lawrence and Wishart Ltd.

Marxian economic theory (Lectures in economics)

Gray-Mills Pub

Testing Monetarism

Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy.The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subsequent chapters look at the evolution of the theory to its present form in the period since the 1950's, and Desai weaves together issues of theory with those of econometric evidence. He looks in turn at major predictions of monetarism, critically examining the claims made in the literature in the light of his discussion of the methodology of testing theories and highlights flaws in the empirical data surrounding monetarism.

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Books by DESAI, meghnad