The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance


Ron Chernow - 1990
    Acclaimed by The Wall Street Journal as "brilliantly researched and written," the book tells the rich, panoramic story of four generations of Morgans and the powerful, secretive firms they spawned. It is the definitive account of the rise of the modern financial world. A gripping history of banking and the booms and busts that shaped the world on both sides of the Atlantic, The House of Morgan traces the trajectory of the J. P. Morgan empire from its obscure beginnings in Victorian London to the crash of 1987. Ron Chernow paints a fascinating portrait of the private saga of the Morgans and the rarefied world of the American and British elite in which they moved. Based on extensive interviews and access to the family and business archives, The House of Morgan is an investigative masterpiece, a compelling account of a remarkable institution and the men who ran it, and an essential book for understanding the money and power behind the major historical events of the last 150 years.

Nehru and Bose (Parallel Lives)


Rudrangshu Mukherjee - 2014
    Nobody has done more harm to me than Jawaharlal Nehru,' wrote Subhas Chandra Bose in 1939.Had relations between the two great nationalist leaders soured to the extent that Bose had begun to view Nehru as his enemy? But then, why did he name one of the regiments of the Indian National Army after Jawaharlal? And what prompted Nehru to weep when he heard of Bose's untimely death in 1945, and to recount soon after, 'I used to treat him as my younger brother'?Rudrangshu Mukherjee's fascinating book tracks the growth of these two towering figures against the backdrop of the independence movement, delicately tracing the contours of a friendship that did not quite blossom as political ideologies diverged, and delineates the shadow that fell between them-for, Gandhi saw Nehru as his chosen heir and Bose as a prodigal son.Nehru and Bose: Parallel Lives brings to light the riveting story of two contrasting personalities who would go on to define modern India.

Why Scams are Here to Stay: Understanding Political Corruption in India


N. Ram - 2017
    Far from declining and fading away, as predicted, with deregulation and liberalization, it has increased exponentially in the twenty-first century at all levels—central, state, and local. It can be seen today as a normal, not a pathological, condition within the political economy. In several states, corruption involving politicians, bureaucrats, businessmen, and in some cases, criminal elements has graduated to a new qualitative stage, transforming itself into a well-oiled, rule- and rate-bound and self-propelled system of collecting and sharing the illicit spoils of office. In this seminal book, N. Ram, who led the investigation into the Bofors grand corruption scandal, attempts to get a measure of ‘political corruption’ in contemporary India, and explains why it has become an intractable problem.

Veerappan: Chasing the Brigand


K. Vijay Kumar - 2017
    Be it his trademark moustache, stories of his daring escapades or his ruthless massacre of officers, Veerappan continues to fascinate, even thirteen years after his death. Veerappan: Chasing the Brigand is a lucid and incisive account of the rise and fall of India’s most dreaded forest brigand. Chronicled by K. Vijay Kumar, IPS, the man who spearheaded the Tamil Nadu Special Task Force (STF) that planned and executed the dreaded bandit’s encounter, the book relives the various incidents that shaped Veerappan’s life – from his birth in Gopinatham in 1952 to his death in 2004 in a shootout in Padi. It traces his dramatic rise from a small-time poacher and sandalwood smuggler to a brutal fugitive who held three states to ransom for two decades. The ruthless killings and high-profile kidnappings masterminded by Veerappan, including the 108-day ordeal involving Kannada cinema superstar, Dr Rajkumar, are described in fascinating detail. Veerappan: Chasing the Brigand is the most authentic account of the life and times of the dreaded outlaw.

Farthest Field: An Indian Story of the Second World War


Raghu Karnad - 2015
    They had all fought in the Second World War, a fact that surprised him. Indians had never figured in his idea of the war, nor the war in his idea of India. One of them, Bobby, even looked a bit like him, but Raghu Karnad had not noticed until he was the same age as they were in their photo frames. Then he learned about the Parsi boy from the sleepy south Indian coast, so eager to follow his brothers-in-law into the colonial forces and onto the front line. Manek, dashing and confident, was a pilot with India’s fledgling air force; gentle Ganny became an army doctor in the arid North-West Frontier. Bobby’s pursuit would carry him as far as the deserts of Iraq and the green hell of the Burma battlefront.The years 1939–45 might be the most revered, deplored, and replayed in modern history. Yet India’s extraordinary role has been concealed, from itself and from the world. In riveting prose, Karnad retrieves the story of a single family—a story of love, rebellion, loyalty, and uncertainty—and with it, the greater revelation that is India’s Second World War.Farthest Field narrates the lost epic of India’s war, in which the largest volunteer army in history fought for the British Empire, even as its countrymen fought to be free of it. It carries us from Madras to Peshawar, Egypt to Burma—unfolding the saga of a young family amazed by their swiftly changing world and swept up in its violence.

The Indian Spy: The True Story of the Most Remarkable Secret Agent of World War II


Mihir Bose - 2017
    His exploits and the people he worked with were truly remarkable. His spying missions saw him walk back and forth 24 times from Peshawar to Kabul eluding capture and certain death. He fooled the Germans so successfully that they gave him £ 2.5 million, in today’s money, and awarded him the Iron Cross. His British spymaster was Peter Fleming, the brother of Ian Fleming, creator of James Bond. Fleming, operating from the gardens of the Viceroy’s House in wartime Delhi, gave him the code name Silver. Talwar became a spy after he helped Subhas Chandra Bose escape India via Kabul. Bose was seeking help from Germany and Japan to free India and never discovered that Talwar was betraying him to the British. Talwar settled in UP after India won independence; he died of natural causes in 1983.Based on research in previously classified files of the Indian, British, Russian and other governments, The Indian Spy tells for the first time the full story of the most extraordinary agent of World War II.

The Tycoons: How Andrew Carnegie, John D. Rockefeller, Jay Gould and J.P. Morgan Invented the American Supereconomy


Charles R. Morris - 2005
    Rockefeller, Jay Gould, and J. P. Morgan. They were the giants of the Gilded Age, a moment of riotous growth that established America as the richest, most inventive, and most productive country on the planet.Acclaimed author Charles R. Morris vividly brings the men and their times to life. The ruthlessly competitive Carnegie, the imperial Rockefeller, and the provocateur Gould were obsessed with progress, experiment, and speed. They were balanced by Morgan, the gentleman businessman, who fought, instead, for a global trust in American business. Through their antagonism and their verve, they built an industrial behemoth—and a country of middle-class consumers. The Tycoons tells the incredible story of how these four determined men wrenched the economy into the modern age, inventing a nation of full economic participation that could not have been imagined only a few decades earlier.

Ambedkar: Towards an Enlightened India


Gail Omvedt - 2004
    Bhimrao Ramji Ambedkar's statues are found in the most remote villages in the country, where they represent the aspirations of all Dalits. In this book, the author presents with empathy Ambedkar's struggle to become educated, overcome the stigma of untouchability and pursue his higher studies abroad.

Currency Wars: The Making of the Next Global Crisis


James Rickards - 2011
    dollar. Today we are engaged in a new currency war, and this time the consequences will be far worse than those that confronted Nixon.Currency wars are one of the most destructive and feared outcomes in international economics. At best, they offer the sorry spectacle of countries' stealing growth from their trading partners. At worst, they degenerate into sequential bouts of inflation, recession, retaliation, and sometimes actual violence. Left unchecked, the next currency war could lead to a crisis worse than the panic of 2008.Currency wars have happened before-twice in the last century alone-and they always end badly. Time and again, paper currencies have collapsed, assets have been frozen, gold has been confiscated, and capital controls have been imposed. And the next crash is overdue. Recent headlines about the debasement of the dollar, bailouts in Greece and Ireland, and Chinese currency manipulation are all indicators of the growing conflict.As James Rickards argues in Currency Wars, this is more than just a concern for economists and investors. The United States is facing serious threats to its national security, from clandestine gold purchases by China to the hidden agendas of sovereign wealth funds. Greater than any single threat is the very real danger of the collapse of the dollar itself.Baffling to many observers is the rank failure of economists to foresee or prevent the economic catastrophes of recent years. Not only have their theories failed to prevent calamity, they are making the currency wars worse. The U. S. Federal Reserve has engaged in the greatest gamble in the history of finance, a sustained effort to stimulate the economy by printing money on a trillion-dollar scale. Its solutions present hidden new dangers while resolving none of the current dilemmas.While the outcome of the new currency war is not yet certain, some version of the worst-case scenario is almost inevitable if U.S. and world economic leaders fail to learn from the mistakes of their predecessors. Rickards untangles the web of failed paradigms, wishful thinking, and arrogance driving current public policy and points the way toward a more informed and effective course of action.

Flash Crash: A Trading Savant, a Global Manhunt, and the Most Mysterious Market Crash in History


Liam Vaughan - 2020
    In the span of five minutes, a trillion dollars of valuation was lost. The Flash Crash, as it became known, represented the fastest drop in market history. When share values rebounded less than half an hour later, experts around the globe were left perplexed. What had they just witnessed?Navinder Singh Sarao hardly seemed like a man who would shake the world's financial markets to their core. Raised in a working-class neighborhood in West London, Nav was a preternaturally gifted trader who played the markets like a computer game. By the age of thirty, he had left behind London's "trading arcades," working instead out of his childhood home. For years the money poured in. But when lightning-fast electronic traders infiltrated markets and started eating into his profits, Nav built a system of his own to fight back. It worked--until 2015, when the FBI arrived at his door. Depending on whom you ask, Sarao was a scourge, a symbol of a financial system run horribly amok, or a folk hero who took on the tyranny of Wall Street and the high-frequency traders.A real-life financial thriller, Flash Crash uncovers the remarkable, behind-the-scenes narrative of a mystifying market crash, a globe-spanning investigation into international fraud, and the man at the center of them both.

Doughnut Economics: Seven Ways to Think Like a 21st-Century Economist


Kate Raworth - 2017
    It has failed to predict, let alone prevent, financial crises that have shaken the foundations of our societies. Its outdated theories have permitted a world in which extreme poverty persists while the wealth of the super-rich grows year on year. And its blind spots have led to policies that are degrading the living world on a scale that threatens all of our futures.Can it be fixed? In Doughnut Economics, Oxford academic Kate Raworth identifies seven critical ways in which mainstream economics has led us astray, and sets out a roadmap for bringing humanity into a sweet spot that meets the needs of all within the means of the planet. En route, she deconstructs the character of ‘rational economic man’ and explains what really makes us tick. She reveals how an obsession with equilibrium has left economists helpless when facing the boom and bust of the real-world economy. She highlights the dangers of ignoring the role of energy and nature’s resources – and the far-reaching implications for economic growth when we take them into account. And in the process, she creates a new, cutting-edge economic model that is fit for the 21st century – one in which a doughnut-shaped compass points the way to human progress.Ambitious, radical and rigorously argued, Doughnut Economics promises to reframe and redraw the future of economics for a new generation.

Colours of the Cage: A Prison Memoir


Arun Ferreira - 2014
    Over the next few months, he was charged with more crimes-of criminal conspiracy, murder, possession of arms and rioting, among others-and incarcerated in one of the most notorious prisons in Maharashtra, the Nagpur central jail.This is an account of the nearly five years that Ferreira was imprisoned. We read in stark and unsparing detail about life in prison-the torture, the beatings, the corrupt system, the codes of behaviour among inmates, the strikes mounted by prisoners to protest brutality, the general air of helplessness and the small consolations that keep hope alive.In September 2011, Ferreira was acquitted of all charges and a breath away from freedom when he was re-arrested by plainclothes policemen at the prison gates. He never got a glimpse of his family who were waiting just outside. He began to fight the system all over again, until with the help of courageous friends and activists, he was cleared of all the trumped up charges that had put him in prison.Colors of the cage is the real story of what goes on behind bars-not the celluloid or novelistic version that readers will be familiar with. However, it is not just a gritty, harrowing account of life in prison but also a memoir of astonishing power and grace-about a mans stubborn fight for justice and the triumph of the human will.Arun Fereira gives us a clear-eyed, unsentimental account of custodial torture, years of imprisonment on false cases and the flagrant violation of procedure that passes as the rule of law. His experience is shared by tens of thousands of our fellow countrymen and women, most of whom do not have access to lawyers or legal aid. This country needs many more books like this one.

Indira


Devapriya Roy - 2018
    Who was Indira Priyadarshini, the person after whom her grandfather named her? And why her? What is her legacy as India’s first—and only—woman prime minister?Over the course of a long, hot summer and a curious friendship with an artist who is working on a biography of Mrs Gandhi, young Indira gets tangled up in the life and times of her memorable namesake. Sometimes by design and sometimes by accident, story after story comes alive—about a childhood spent in Allahabad growing the Vanar Sena, of a youthful romance with the charming Feroze Gandhi, of stints in jail and elephant rides through pouring rain, a magnificent audacity that catapulted India onto the international stage, and of the final, tragic end that ripped apart the fabric of the nation.Real and imagined worlds, the past and present, text and image all entwine as Indira walks us through the most formative decades of political life of India.

Indira Gandhi: A Biography


Pupul Jayakar - 1993
    In this book Pupul Jayakar uncovers the many personalities that lay hidden within Mrs Gandhi.

An Educated Woman In Prostitution: A Memoir of Lust, Exploitation, Deceit (Calcutta, 1929)


Manabi Devi - 2021
    Manada’s fascinating life story takes her from her wealthy cossetted upbringing to a life of debauchery and prostitution after she elopes with her married lover when in her mid-teens. She is capable, attractive and doesn’t ask for pity as she struggles with illness, poverty and abandonment, but ensures that she emerges relatively unscathed and carves a niche for herself in her profession.Manada matures and settles into a life of prostitution, entertains barristers, doctors and other men of high society. She describes her colourful life with relish but is often introspective as she places her own position as a sex worker in the context of the times, calling out young sanctimonious patriotic men who maintain a high standing in society yet secretly fancy prostitutes. Rather tantalisingly she takes no names, only occasionally hinting at their identities, to avoid scandals and protect the double lives of men who are well-known in Calcutta in the 1920s. Weaving together multiple strands, looking beyond ideas of morality and accusations, we are presented a life of immense beauty and endurance, which is both grand in its scope and deeply intimate in its portrait.