In the four decades between 1969 and 2008, these economists played a leading role in reshaping taxation and public spending and clearing the way for globalization. They reshaped the government's approach to regulation, assigning a value to human life to determine which rules are worthwhile. Economists even convinced President Nixon to end military conscription.The United States was the epicenter of the intellectual ferment, but the embrace of markets was a global phenomenon, seizing the imagination of politicians in countries including the United Kingdom, Chile and New Zealand.This book is also a reckoning. The revolution failed to deliver on its central promise of increased prosperity. In the United States, growth has slowed in every successive decade since the 1960s. And the cost of the failure was steep. Policymakers traded well-paid jobs for low-cost electronics; the loss of work weakened the fabric of society and of democracy. Soaring inequality extends far beyond incomes: Life expectancy for less affluent Americans has declined in recent years. And the focus on efficiency has come at the expense of the future: Lower taxes instead of education and infrastructure; limited environmental regulation as oceans rise and California burns.

    Renowned for her natural talent and haunting beauty, Waheeda Rehman’s career spans an astonishing array of key films in Indian cinema, including Pyaasa, Abhijan, Mujhe Jeene Do, Guide, Teesri Kasam and Rang De Basanti.In this engaging book of conversations with Nasreen Munni Kabir, Waheeda Rehman proves to be a lively raconteur, speaking about her life and work with refreshing honesty, humour and insight: from the devastating loss of her parents when she was young to making a life in cinema on her own terms, from insightful accounts of working with extraordinary film practitioners like Guru Dutt, Raj Khosla, Satyajit Ray, Raj Kapoor, Dev Anand and Vijay Anand to her friendship with stars like Nargis and Nanda.A slice of cinema history told through compelling anecdotes and astute observations, Conversations with Waheeda Rehman provides a rare view of a much-adored and award-winning actress of Indian cinema.

     What happened at Lehman Brothers and why was it allowed to fail, with aftershocks that rocked the global economy? In this news-making, often astonishing book, a former Lehman Brothers Vice President gives us the straight answers—right from the belly of the beast.In A Colossal Failure of Common Sense, Larry McDonald, a Wall Street insider, reveals, the culture and unspoken rules of the game like no book has ever done. The book is couched in the very human story of Larry McDonald’s Horatio Alger-like rise from a Massachusetts “gateway to nowhere” housing project to the New York headquarters of Lehman Brothers, home of one of the world’s toughest trading floors. We get a close-up view of the participants in the Lehman collapse, especially those who saw it coming with a helpless, angry certainty. We meet the Brahmins at the top, whose reckless, pedal-to-the-floor addiction to growth finally demolished the nation’s oldest investment bank. The Wall Street we encounter here is a ruthless place, where brilliance, arrogance, ambition, greed, capacity for relentless toil, and other human traits combine in a potent mix that sometimes fuels prosperity but occasionally destroys it. The full significance of the dissolution of Lehman Brothers remains to be measured. But this much is certain: it was a devastating blow to America’s—and the world’s—financial system. And it need not have happened. This is the story of why it did.

    But that is not the only truth about the city that Amitava Kumar explores in this vivid, entertaining account of his hometown. We accompany him through many Patnas, the myriad cities locked within the city—the shabby reality of the present-day capital of Bihar; Pataliputra, the storied city of emperors; the dreamlike embodiment of the city in the minds and hearts of those who have escaped contemporary Patna's confines. Full of fascinating observations and impressions, A Matter of Rats reveals a challenging and enduring city that exerts a lasting pull on all those who drift into its orbit.Kumar's ruminations on one of the world's oldest cities, the capital of India's poorest province, are also a meditation on how to write about place. His memory is partial. All he has going for him is his attentiveness. He carefully observes everything that surrounds him in Patna: rats and poets, artists and politicians, a girl's picture in a historian's study, and a sheet of paper on his mother's desk. The result is this unique book, as cutting as it is honest.

    Since its introduction in 1978, this book has charted and followed this volatile world of financial markets. Charles Kindleberger's brilliant, panoramic history revealed how financial crises follow a nature-like rhythm: they peak and purge, swell and storm. Now this newly revised and expanded Fourth Edition probes the most recent "natural disasters" of the markets--from the difficulties in East Asia and the repercussions of the Mexican crisis to the 1992 Sterling crisis. His sharply drawn history confronts a host of key questions. Charles P. Kindleberger (Boston, MA) was the Ford Professor of Economics at MIT for thirty-three years. He is a financial historian and prolific writer who has published over twenty-four books.

    It has crippled the country’s economy for a long time to come. In this book, Arun Kumar, the country’s leading authority on the black economy, tells us why Modi’s gambit failed. He shows us the way in which the problem can be rooted out, provided the government has the political will and determination to act.Today, the black economy is estimated to be 62 per cent of GDP—or about `93 lakh crore ($1.4 trillion). Corrupt businessmen, corrupt politicians, and corrupt members of the executive (bureaucrats, police and the judiciary) are responsible for controlling the black economy and enabling its growth. If the black economy were to be dismantled and turned into a part of the ‘white’ economy, the country’s rate of growth would be 12 per cent. If it had not grown the way it has since the 1970s, India’s per capita income today would be approximately `7 lakh per annum ($11,000) and India would become the second largest economy in the world. If the black economy were taxed at current rates, it would generate `37 lakh crore in additional taxes and the union budget would show a surplus of `31 lakh crore instead of a deficit.The failure of successive governments to tackle the problem effectively has been the single biggest obstacle to eradicating poverty. It is the cause of both widespread policy failure and the inability of the nation to improve its living conditions rapidly.

    

    In the twenty-one harrowing months that followed, her regime unleashed a brutal campaign of coercion and intimidation, arresting and torturing people by the tens of thousands, razing slums, and imposing compulsory sterilization on the poor. Emergency Chronicles provides the first comprehensive account of this understudied episode in India's modern history. Gyan Prakash strips away the comfortable myth that the Emergency was an isolated event brought on solely by Gandhi's desire to cling to power, arguing that it was as much the product of Indian democracy's troubled relationship with popular politics.Drawing on archival records, private papers and letters, published sources, film and literary materials, and interviews with victims and perpetrators, Prakash traces the Emergency's origins to the moment of India's independence in 1947, revealing how the unfulfilled promise of democratic transformation upset the fine balance between state power and civil rights. He vividly depicts the unfolding of a political crisis that culminated in widespread popular unrest, which Gandhi sought to crush by paradoxically using the law to suspend lawful rights. Her failure to preserve the existing political order had lasting and unforeseen repercussions, opening the door for caste politics and Hindu nationalism.Placing the Emergency within the broader global history of democracy, this gripping book offers invaluable lessons for us today as the world once again confronts the dangers of rising authoritarianism and populist nationalism.

    She is considered one of the outstanding Indian poets writing in English, although her popularity in Kerala is based chiefly on her short stories and autobiography. Much of her writing in Malayalam came under the pen name Madhavikkutty. She was born on March 31, 1934 in Malabar in Kerala, India. She is the daughter of V.M. Nair, a former managing editor of the widely-circulated Malayalam daily Mathrubhumi, and Nalappatt Balamani Amma, a renowned Malayali poetess. In 1984, she was short-listed for the Nobel Prize for Literature along with Marguerite Yourcenar, Doris Lessing, and Nadine Gordimer. Kamala Das is probably the first Hindu woman to openly and honestly talk about sexual desires of Indian woman, which made her an iconoclast of her generation. The fact that the book has run into thirty editions is proof enough to appreciate the popularity of the book

    As a dress designer, few could compare. An ingenious architect, she innovated the use of marble in her parents’ mausoleum on the banks of the Yamuna River that inspired her stepson’s Taj Mahal. And she was both celebrated and reviled for her political acumen and diplomatic skill, which rivaled those of her female counterparts in Europe and beyond.In 1611, thirty-four-year-old Nur Jahan, daughter of a Persian noble and widow of a subversive official, became the twentieth and most cherished wife of the Emperor Jahangir. While other wives were secluded behind walls, Nur ruled the vast Mughal Empire alongside her husband, and governed in his stead as his health failed and his attentions wandered from matters of state. An astute politician and devoted partner, Nur led troops into battle to free Jahangir when he was imprisoned by one of his own officers. She signed and issued imperial orders, and coins of the realm bore her name.Acclaimed historian Ruby Lal uncovers the rich life and world of Nur Jahan, rescuing this dazzling figure from patriarchal and Orientalist clichés of romance and intrigue, and giving new insight into the lives of women and girls in the Mughal Empire, even where scholars claim there are no sources. Nur’s confident assertion of authority and talent is revelatory. In Empress, she finally receives her due in a deeply researched and evocative biography that awakens us to a fascinating history.

    In this timely volume, the author highlights crucial issues that the legislature, the executive, judiciary, the bar and the common people have to deal with virtually on a day-to-day basis. His main focus is on corruption at various levels and in ‘hallowed’ institutions, including the judiciary.The author contends that the legislative and executive wings of the government – the elected representatives of the people – were (and are) expected to provide for the welfare of the people. He points out that they have failed miserably simply because making of laws is not enough; applying and enforcing laws – which are also the primary duties of the government – have left much to be desired. Consequently, it is the judiciary that tells the government when and how to distribute excess food, what crops to grow and what not to grow, which economic projects are good for the country and which are not, and what fuel should be used in our vehicles and whether 2G/3G licenses should be allotted only through auctions! The judiciary is hence accused of overreach!The contents also throw light on other important subjects such as: the implications of reservations for certain sections of the population (including minorities); the true purpose and significance of the Constitution; Centre–state relations; and whether the Constitution has benefited the common people over the years.This is a book that is absorbing as well as thought-provoking that will make the readers put on their thinking caps.

    In Phishing for Phools, Nobel Prize-winning economists George Akerlof and Robert Shiller deliver a fundamental challenge to this insight, arguing that markets harm as well as help us. As long as there is profit to be made, sellers will systematically exploit our psychological weaknesses and our ignorance through manipulation and deception. Rather than being essentially benign and always creating the greater good, markets are inherently filled with tricks and traps and will phish us as phools.Phishing for Phools therefore strikes a radically new direction in economics, based on the intuitive idea that markets both give and take away. Akerlof and Shiller bring this idea to life through dozens of stories that show how phishing affects everyone, in almost every walk of life. We spend our money up to the limit, and then worry about how to pay the next month's bills. The financial system soars, then crashes. We are attracted, more than we know, by advertising. Our political system is distorted by money. We pay too much for gym memberships, cars, houses, and credit cards. Drug companies ingeniously market pharmaceuticals that do us little good, and sometimes are downright dangerous.Phishing for Phools explores the central role of manipulation and deception in fascinating detail in each of these areas and many more. It thereby explains a paradox: why, at a time when we are better off than ever before in history, all too many of us are leading lives of quiet desperation. At the same time, the book tells stories of individuals who have stood against economic trickery--and how it can be reduced through greater knowledge, reform, and regulation.

    A rare, exotic portrait of the matriarchs of a brilliant Indian family Ranging from the final days of the Raj and the British Empire to the present, Lucy Moore vividly re-creates a splendid lost world and describes India's national growing pains through the sumptuous, audacious lives of four ravishing, influential women of the same family- Sunity Devi, friend to Queen Victoria; Chimnabai, fierce nationalist; Indira, her flamboyant daughter; and Ayesha, her equally fashionable daughter- who fought tirelessly and with incomparable grace to turn an ancient tradition of noblesse oblige into a progressive democracy.

    After a thousand years of the decline, it now has a genuine opportunity to re-establish itself as a major global power.In "The Indian Renaissance", the author, Sanjeev Sanyal, looks at the processes that led to ten centuries of fossilization and then at the powerful economic and social forces that are now working together to transform India beyond recognition. These range from demographic shifts to rising literacy levels, but the most important revolution has been the opening of mind and the changed attitude towards innovation and risk.This book is about how India found itself at this historic juncture, the obstacles that it still needs to negotiate and the future that it may enjoy. The author tells the story from the perspective of the new generation of Indians who have emerged from this great period of change.Published and distributed worldwide by World Scientific Publishing Co. except India, UK and North America

    There, in a cramped one-room apartment lives Dhondutai, the last living disciple of two of the finest Indian classical singers of the twentieth century: the legendary Alladiya Khan and the great songbird Kesarbai Kerkar. Namita begins to learn singing from Dhondutai, at first reluctantly and then, as the years pass, with growing passion. Dhondutai sees in her a second Kesarbai, but does Namita have the dedication to give herself up completely to the discipline like her teacher? Or will there always be too many late nights and cigarettes? And where do love and marriage fit into all of this?  A bestseller in India, where it was a literary sensation, The Music Room is a deeply moving meditation on how traditions and life lessons are passed along generations, on the sacrifices made by women through the ages, and on a largely unknown, but vital aspect of Indian life and culture that will utterly fascinate American readers.