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.

    Translated in Kannada by: Ravi BelagereOne of the best pieces of historical fiction. A very existential novel about the revolt of 1857 in British India.

    This was taking place as the Cold War slid into the subcontinent and complex relationships with India's neighbours—China, Pakistan and Nepal—were taking shape. Looking back on those crucial years with a discerning eye for the interplay of personalities—Nehru, Krishna Menon, or S. Radhakrishnan, for instance—Rasgotra assesses their influence on events and their impact on the evolution of Indian diplomacy.For over three decades Rasgotra's assignments took him to Nepal, Britain and France, among other countries, as well as twice to the United States. His account of Nixon and Kissinger, and the mix of truculence and persuasion in their dealings with Mrs Gandhi in the run up to the 1971 Bangladesh war, sheds new light on the events of that time. His tenure as foreign secretary covered a period of great change and A Life in Diplomacy provides a ringside view of the beginnings of ethnic violence in Sri Lanka, the last years of the Cold War, the negotiations on the formation of SAARC, Mrs Gandhi's assassination and the Bhopal gas disaster.This is a compelling, authoritative account of a personal and professional journey; a reflective look at the leaders, events and forces that formed relations between India and the world over fifty years.

    It was also the year that the economic theories of Reagan, Thatcher, and the Chicago School achieved global dominance. And it was these neoliberal ideas that largely determined the course of the political, economic, and social changes that transformed Europe—both east and west—over the next quarter century. This award-winning book provides the first comprehensive history of post-1989 Europe.Philipp Ther—a firsthand witness to many of the transformations, from Czechoslovakia during the Velvet Revolution to postcommunist Poland and Ukraine—offers a sweeping narrative filled with vivid details and memorable stories. He describes how liberalization, deregulation, and privatization had catastrophic effects on former Soviet Bloc countries. He refutes the idea that this economic "shock therapy" was the basis of later growth, arguing that human capital and the “transformation from below” determined economic success or failure. Most important, he shows how the capitalist West's effort to reshape Eastern Europe in its own likeness ended up reshaping Western Europe as well, in part by accelerating the pace and scope of neoliberal reforms in the West, particularly in reunified Germany. Finally, bringing the story up to the present, Ther compares events in Eastern and Southern Europe leading up to and following the 2008–9 global financial crisis.A compelling and often-surprising account of how the new order of the New Europe was wrought from the chaotic aftermath of the Cold War, this is essential reading for understanding Europe today.

    Bananas! is a sharp and lively account of the rise and fall of this infamous company, arguably the most controversial global corporation ever – from the jungles of Costa Rica to the dramatic suicide of its CEO, who leapt from an office on the forty-fourth floor of the Pan Am building in New York City. From the marketing of the banana as the first fast food, to the company’s involvement in an invasion of Honduras, the Bay of Pigs crisis, and a bloody coup in Guatemala, Chapman weaves a dramatic tale of big business, political deceit, and outright violence to show how one company wreaked havoc in the “banana republics” of Central America, and how terrifyingly similar the age of United Fruit is to our age of rapid globalization.

    Yet—startling as this is— the instrument as we know it is only a century old. T.M. Krishna investigates the history of the mrdangam and meets the invisible keepers of a tradition: the mrdangam makers.The making process is an intellectually, aesthetically and physically taxing one. From acquiring the skins for the circular membranes and straps to the wood for the drum, from curing the material to the final construction, and at the end of it all, making sure that it has the tone that the mrdangam player wants, mrdangam-making is also a highly nuanced operation at every stage.While several artists have been credited with the evolution of the instrument, including the stalwart Palghat Mani Iyer, none of them had knowledge of a fundamental aspect of the making: hide. The quality of the hide and how it is cured, cut, stretched, bound and braided impacts the tone, timbre and sound of the instrument. This requires a highly tuned ear and an ability to translate abstract ideas expressed by musicians into the corporeal reality of a mrdangam. Yet, their contribution to the art of the mrdangam is dismissed as labour and repair—when it is spoken of at all.There are legendary mrdangam players, yes; there are also distinguished mrdangam makers, many of them from Dalit Christian communities, who remain on the fringes of the Karnatik community. Sebastian and Sons explores the world of these artists, their history, lore and lived experience to arrive at a more organic and holistic understanding of the music that the mrdangam makes.

    The empire he inherited was weak from two messy dynastic succession, and ambitious enemy kings loomed large on all sides – a haughty king of Orissa in the east, five upstart Deccan Sultans to the North, revolting Tamil rajas in the South and enterprising Portuguese soldiers from the West. But Krishnadevaraya quickly rose to the challenge, and in the course of his remarkable twenty-year reign, he changed history forever. He won every single battle he fought and unified the whole of South India under his banner. Krishnadevaraya is remembered today as one of India’s greatest kings, not only because of his successes on the battlefield or the dazzling splendour of his empire, but because he was India’s first truly global leader. He had to confront very modern problems, such as building international alliances and negotiating overseas trade deals, while grappling with the challenges of globalism and multiculturalism. The Deccan of his time was a cosmopolitan place where Hindus and Muslims, North Indians and South Indians, Persians and Portuguese, all intermingled as they made their lives and fortunes. This cultural dynamism also inspired Krishnadevaraya to look back at India’s past and reflect on her histories and traditions. As a philosopher-king who was also a celebrated poet in his own right, he presided over an Indian Renaissance, when ancient texts and traditions were reinvigorated and infused with a fresh and modern vitality. Five hundred years after krishnadevaraya’s death, he is still remembered and loved as a compassionate and wise king, one who is immortalised in films and folk tales, poems and Ballads. This fascinating and riveting book is meticulously researched and beautifully written. Based on Portuguese and Persian chronicles, as well as many overlooked Telugu literary sources, Raya is the definitive biography of one of the world’s greatest leaders.

    After a brief introduction to the geography of Maharashtra, and a description of the people of that land, the book traces the rise of Shahji Bhonsle, Shivaji's father in the service of the Adil Shah of Bijapur, Shivaji's boyhood, his early victories and his wars with the Mughals and the Adil Shah are recounted in detail. A major portion of the book is devoted to Shivaji's relations with the Mughal emperor, Aurangzeb and his constant struggles to capture Maratha territory. Shivaji's coronation, his subsequent forays into southern India, his efforts to build a strong navy, his relations with foreign powers, all are discussed in the book. The author also makes a critical assessment of Shivaji's contributions and achievements, and his place in history. Using a wide range of sources and historical documents in a variety of languages, the author draws a definitive portrait of the great Maratha ruler and nation.

    Sanjay Gandhi is dead under unexpected, tragic circumstances; not many years later, Indira Gandhi is assassinated; Rajiv Gandhi, ‘the reluctant politician’, abruptly becomes India’s Prime Minister.Pranab Mukherjee was witness to (and, sometimes, a participant in) the momentous events of the 1980s and the 1990s, a period that was indisputably the most turbulent in India’s post-Independence history. An insider, he sheds new light on every major political occurrence of the time—from Rajiv Gandhi’s ascendance as India’s Prime Minister to the emergence of P.V. Narasimha Rao as the leader of a nation; from Operation Blue Star to the Babri Masjid fiasco.Equally, Mukherjee is candid about each of the professional crises that marked this period of his career—the rumours that he wanted to elbow aside Rajiv Gandhi for the top post; the possible reasons for his ouster from Rajiv’s Cabinet and, later, the party; and the allegation that he aided and abetted the Left by not imposing President’s rule in West Bengal and Tripura in the late 1980s.The second volume of Mukherjee’s autobiography is not only an honest account of his years in power (and in the wilderness), but also a cogent analysis of the political and social turning points of a key period in the evolution of modern India.

    

    But why did Europe establish global dominance, when for centuries the Chinese, Japanese, Ottomans, and South Asians were far more advanced? In Why Did Europe Conquer the World?, Philip Hoffman demonstrates that conventional explanations--such as geography, epidemic disease, and the Industrial Revolution--fail to provide answers. Arguing instead for the pivotal role of economic and political history, Hoffman shows that if certain variables had been different, Europe would have been eclipsed, and another power could have become master of the world. Hoffman sheds light on the two millennia of economic, political, and historical changes that set European states on a distinctive path of development, military rivalry, and war. This resulted in astonishingly rapid growth in Europe's military sector, and produced an insurmountable lead in gunpowder technology. The consequences determined which states established colonial empires or ran the slave trade, and even which economies were the first to industrialize. Debunking traditional arguments, Why Did Europe Conquer the World? reveals the startling reasons behind Europe's historic global supremacy.

    Ghias Beg isn’t traveling light; he has with him a pregnant wife and three small children. When his family stops at Qandahar—which is today in modern-day Afghanistan, at that time was on the outer fringe of the Mughal Empire—his wife gives birth to a baby girl named Mehrunnisa. Thirty-four years later, this winter child will become an Emperor’s wife and the most powerful woman in that Mughal dynasty. Mehrunnisa is The Twentieth Wife of Emperor Jahangir, Akbar’s son, a woman so beloved of her husband that he grants her most of the powers of sovereignty. She signs on imperial documents called farmans and mints coins in her name and truly comes into power during the sixteen years of her marriage to Jahangir in The Feast of Roses . Mehrunnisa’s niece (her brother’s daughter and Ghias’ granddaughter) marries one of Jahangir’s sons, Prince Khurram who becomes Emperor Shah Jahan after his father’s death. When this niece dies in childbirth in June of 1631, Shah Jahan builds the Taj Mahal in her memory. But it is Mehrunnisa’s grand-niece (and Ghias’ great-granddaughter) Princess Jahanara who takes center stage in the third novel of the trilogy, Shadow Princess . She’s seventeen years old when her mother dies and her father, in his grief, leans upon her to the extent that she’s never allowed to marry. Throughout her life, Jahanara has to pacify warring brothers who each want the throne after their father, and engages in a rivalry with a sister, Roshanara—in supporting differing brothers politically, and in falling in love with the same noble at court, Najabat Khan. Powerful in her father’s harem, immensely rich with half her mother’s estate bestowed upon her and all of her mother’s yearly income, Jahanara still fails to turn the course of India’s history and has to find love with Najabat Khan in unconventional ways.

    In the process he uncovers the secret negotiations they conducted and the secret understanding they struck with the British; the reports they submitted to the imperial rulers about the work they were doing to subvert the movement Mahatma Gandhi had launched. He concludes with a review of the reactions of Indian communists to the break-up of the Soviet empire; showing how their mental make-up and habits have not changed in the six decades since independence.

    These are right-wing Hindu fundamentalism, leftwing Maoist extremism, and seccessionist movementsseeking up the break-up of India. In recent years, to those three longstanding threats have been added three more: inequality, corruption, and environmental degradation.Guha analyses each of these six threats in turn, explaining their origins and course, and suggesting ways in which they may be tamed or overcome.

    Master administrator. Author of the Arthashastra. But before the legend, there was the boy: Vishnu Gupta. Pataliputra, capital of the great Nanda empire, is teeming with crime and corruption. Granted unlimited authority by the hedonistic emperor Mahapadma Nanda, evil mastermind Maha-amatya Kartikeya has the city in a vice-like grip. But another name bubbles up through the chaos; there is talk of a young genius, Vishnu Gupta. When the Maha-amatya investigates the rumours, he recognises a future rival in the boy. He is determined to destroy this competition from the roots – family and all. Vishnu must gather all his wits and his formidable knowledge to protect everything he holds dear. The holy scriptures, his brilliant interpretations of the Vedas and the power of his unmatched mind: these are the only tools he has against the might of the most powerful man in the empire. Epic storyteller Ashok K. Banker imagines the life and formative years of India’s greatest genius, a man whose influence persists down the ages. In this first instalment of a thrilling trilogy, he recreates Chanakya’s early struggles and triumphs.