Book picks similar to
India’s Big Government: The Intrusive State & How It's Hurting Us by Vivek Kaul
economics
india
non-fiction
history
Economism: Bad Economics and the Rise of Inequality
James Kwak - 2017
Then he provides a historical account of how economism became a prevalent mode of thought in the United States--focusing on the people who packaged Econ 101 into sound bites that were then repeated until they took on the aura of truth. He shows us how issues of moment in contemporary American society--labor markets, taxes, finance, health care, and international trade, among others--are shaped by economism, demonstrating in each case with clarity and �lan how, because of its failure to reflect the complexities of our world, economism has had a deleterious influence on policies that affect hundreds of millions of Americans.
Phishing for Phools: The Economics of Manipulation and Deception
George A. Akerlof - 2015
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.
Crashed: How a Decade of Financial Crises Changed the World
Adam Tooze - 2018
In fact it was a dramatic caesura of global significance that spiraled around the world, from the financial markets of the UK and Europe to the factories and dockyards of Asia, the Middle East, and Latin America, forcing a rearrangement of global governance. In the United States and Europe, it caused a fundamental reconsideration of capitalist democracy, eventually leading to the war in the Ukraine, the chaos of Greece, Brexit, and Trump.It was the greatest crisis to have struck Western societies since the end of the Cold War, but was it inevitable? And is it over? Crashed is a dramatic new narrative resting on original themes: the haphazard nature of economic development and the erratic path of debt around the world; the unseen way individual countries and regions are linked together in deeply unequal relationships through financial interdependence, investment, politics, and force; the ways the financial crisis interacted with the spectacular rise of social media, the crisis of middle-class America, the rise of China, and global struggles over fossil fuels.Finally, Tooze asks, given this history, what now are the prospects for a liberal, stable, and coherent world order?
How Will Capitalism End? Essays on a Failing System
Wolfgang Streeck - 2016
Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated.In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between democracy and capitalism, ill-suited partners brought together in the shadow of World War Two, is coming to an end. The regulatory institutions that once restrained the financial sector’s excesses have collapsed and, after the final victory of capitalism at the end of the Cold War, there is no political agency capable of rolling back the liberalization of the markets.Ours has become a world defined by declining growth, oligarchic rule, a shrinking public sphere, institutional corruption and international anarchy, and no cure to these ills is at hand.
Deep Economy: The Wealth of Communities and the Durable Future
Bill McKibben - 2007
For the first time in human history, he observes, “more” is no longer synonymous with “better”—indeed, for many of us, they have become almost opposites. McKibben puts forward a new way to think about the things we buy, the food we eat, the energy we use, and the money that pays for it all. Our purchases, he says, need not be at odds with the things we truly value.McKibben’s animating idea is that we need to move beyond “growth” as the paramount economic ideal and pursue prosperity in a more local direction, with cities, suburbs, and regions producing more of their own food, generating more of their own energy, and even creating more of their own culture and entertainment. He shows this concept blossoming around the world with striking results, from the burgeoning economies of India and China to the more mature societies of Europe and New England. For those who worry about environmental threats, he offers a route out of the worst of those problems; for those who wonder if there isn’t something more to life than buying, he provides the insight to think about one’s life as an individual and as a member of a larger community.McKibben offers a realistic, if challenging, scenario for a hopeful future. As he so eloquently shows, the more we nurture the essential humanity of our economy, the more we will recapture our own.
The Monk Who Became Chief Minister: The Definitive Biography of Yogi Adityanath
Shantanu Gupta - 2017
It captures the journey of a shy and introvert boy from the hills of Uttarakhand who has now become a man of consensus. On 19 March 2017, Yogi Adityanath took an oath as the twenty first Chief Minister of Uttar Pradesh. The book takes you through the journey of a shy and introvert boy from the hills of Uttarakhand, who had a modern education in the faculties of science from Kotdwar, later took sanyas and went through rigorous training in vedic education. From being a rebel politician inside and outside the party, he now has become a man of consensus. This book explores how a nathpanthi monk, learnt the nuances of politics from his guru, Mahant Awaidnath, and rose to take the highest position in Uttar Pradesh’s politics. Through extensive research I have accumulated unseen pictures, unheard instances, first-time interviews, with people close to Yogi, in this biography. A state with 22 crore people and 80 Lok Sabha seats, is one of the very crucial political pieces in India's electoral puzzle. With a history of producing many Prime Ministers for the country, the State has given yet another prospect for the Prime Minister’s office, in the post-Modi era in the form of Yogi Adityanath. You have in your hands the first definitive biography of a monk who has become the Chief Minister of the most populous state of India.
Crunch: If the Economy's Doing So Well, Why Do I Feel So Squeezed? (BK Currents)
Jared Bernstein - 2008
In "Crunch" he answers these as well as dozens of others he has fielded from working Americans by email, on blogs, and at events where he speaks. Chances are if there's a stumper you've always wanted to ask an economist, it's solved in this book.
Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World
Tom Wright - 2018
The dust had yet to settle on the global financial crisis in 2009 when an unlikely Wharton grad was setting in motion a fraud of unprecedented gall and magnitude--one that would come to symbolize the next great threat to the global financial system. Billion Dollar Whale will become a classic, harrowing parable about the financial world in the twenty-first century.
Manias, Panics, and Crashes: A History of Financial Crises
Charles P. Kindleberger - 1978
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.
Ready To Fire: How India and I Survived the ISRO Spy Case
Nambi Narayanan - 2018
A police inspector's misadventure with a Maldivian woman results in a fabricated espionage case. A faction within a political party capitalises on the case to bring down a government. An intelligence agency obligingly plays into the hands of vested interests to slow down India's space programme. And a complex investigation finally proves the allegations untrue.In this riveting book, Isro scientist S Nambi Narayanan - who was falsely accused of espionage in ISRO spy case of the 1990s - and senior journalist Arun Ram meticulously unpick the ISRO spy case, revisit old material and discover new details to expose the international plot that delayed India's development of a cryogenic engine by at least a decade.It took four years for the CBI to exonerate Nambi, but his fight for justice to ensure action against the officers who faked the case and tortured him in custody continues.This book is as much a history of the early days of India's ambitious space programme as it is a record of one of the most sensational cases that enthralled the nation long before the era of online updates and 24-hour news cycles.
Ambani & Sons
Hamish McDonald - 2010
The Ambani tale is integral to the bigger story about modern India as an economic powerhouse
This Unquiet Land
Barkha Dutt - 2015
This is the first book by Barkha Dutt, India's best known journalist. India's fault lines run wide and deep. Some of them go back centuries, others are of comparatively recent origin. The myriad villains these fault lines have spawned include rapists, murderers, terrorists, prophets of religious hatred, corrupt politicians, upholders of abhorrent caste traditions, opponents of free speech and dissent, apologists for regressive cultural practices and external adversaries who try to destabilize our borders. All of them are responsible for impeding the country's progress, destroying the lives of numberless innocents, usually the poorest and most vulnerable of our people and besmirching the democratic, plural, free and secular nature of our society. Set against these enemies of our nation's promise are the heroic ones - the poor, illiterate woman who was gang raped but helped change the nation's attitude towards women through her determined fight for justice, the young soldier whose courage and sacrifice in the high Himalayas was an inspiration to his comrades fighting the Kargil War, the wife whose husband was beheaded by Maoist terrorists, yet sought not revenge but succour for the poor and underprivileged and the son of the village blacksmith who was lynched by a mob of religious fundamentalists appealing for an end to discord and sectarian violence.These stories and dozens of others like them, map our country's fault lines. In this book, Barkha Dutt recounts the ones that have left an indelible mark on her. Taken together, they provide a vivid, devastating and unforgettable portrait of our unquiet land. Features One of the finest books ever written on contemporary IndiaIt will make headlines in the national media and receive wide publicity in the days following its releaseBarkha Dutt is India's most famous journalist and this is her first book.
Capitalism: A Ghost Story
Arundhati Roy - 2004
India is a nation of 1.2 billion, but the country’s 100 richest people own assets equivalent to one-fourth of India’s gross domestic product.Capitalism: A Ghost Story examines the dark side of democracy in contemporary India, and shows how the demands of globalized capitalism has subjugated billions of people to the highest and most intense forms of racism and exploitation.
A New Idea of India: Individual Rights in a Civilisational State
Harsh Gupta 'Madhusudan' - 2020
Rajeev and Harsh, two brilliant young authors, confront these political scientists head on with a fabulous book.’-Jagdish Bhagwati, University Professor, Columbia University‘It has become fashionable to suggest that the Indian right has no intellectuals. Rajeev and Harsh set about disproving this in their well-researched and fluently written book. Though there is much I disagree with in both their premises and their conclusions, it is a pleasure to engage with their ideas and find much common ground in the defence of free speech, economic freedom, government reform and individual liberty.’-Shashi Tharoor, MP and author‘We need our own understanding to build a new idea of India. An idea of India that is actually connected to the real India. An idea of India that works. A good first step to build that is to read this wonderful book by these two young intellectuals.’-Amish Tripathi, Director, The Nehru Centre and authorFor the better part of seven decades after independence, the Nehruvian idea of India held sway in India's polity, even if it was not always in consonance with the views of Jawaharlal Nehru himself. Three key features constituted the crux of the Nehruvian way: socialism, which in practice devolved to corruption and stagnation; secularism, which boxed citizens into group membership and diluted individual identity; and non-alignment, which effectively placed India in the Communist camp.In the early nineties, India started a gradual withdrawal from this path. But it was only in 2019, with Narendra Modi’s second successive win in the general elections, that this philosophy is finally being replaced by a worldview that acknowledges India as an ancient civilisation, even if a young republic, and that sees citizens as equal for developmental and other purposes. A New Idea of India constructs and expounds on a new framework beyond the rough and tumble of partisan politics.Lucid in its laying out of ideas and policies while taking a novel position, this book is illuminated by years of research and the authors’ first-hand experiences, as citizens, entrepreneurs and investors, of the vagaries and challenges of India.
The Great Tax Robbery: How Britain Became a Tax Haven for Fat Cats and Big Business
Richard Brooks - 2013
Discover:• Why thousands of British state schools and NHS hospitals are owned by shell companies based in offshore tax havens• How British companies like Vodafone strongly influence tax laws• Why multinationals like Google and Starbucks can operate almost tax-free in the UK• How the taxman turns a blind eye to billions in illegally evaded tax in secret Swiss bank accounts• How footballers like Wayne Rooney use image rights companies to reduce their tax liabilityUnpicking the tangled mess of loopholes that well known multinationals, bankers, and celebrities use to circumvent tax, this is a bold manifesto for a system where we all contribute out fair share.