Book picks similar to
Policymaker's Journal: From New Delhi to Washington D.C. by Kaushik Basu
biography
economics
development
india
HOW THE 1 PERCENT PROVIDES THE STANDARD OF LIVING OF THE 99 PERCENT
George Reisman - 2015
As they see matters, wealth in the form of means of production and wealth in the form of consumers’ goods are essentially indistinguishable. For all practical purposes, they have no awareness of the existence of capital and of its importance. Thus, capitalists are generally depicted as fat men, whose girth allegedly signifies an excessive consumption of food and of wealth in general, while their alleged victims, the wage earners, are typically depicted as substantially underweight, allegedly signifying their inability to consume, thanks to the allegedly starvation wages paid by the capitalists.The truth is that in a capitalist economic system, the wealth of the capitalists is not only overwhelmingly in the form of means of production, such as factory buildings, machinery, farms, mines, stores, warehouses, and means of transportation and communication, but all of this wealth is employed in producing for the market, where its benefit is made available to everyone in the economic system who is able to afford to buy its products.Consider. Whoever can afford to buy an automobile benefits from the existence of the automobile factory and its equipment where that car was made. He also benefits from the existence of all the other automobile factories, whose existence and competition served to reduce the price he had to pay for his automobile. He benefits from the existence of the steel mill that provided the steel for his car, and from the iron mine that provided the iron ore needed for the production of that steel, and, of course, from the existence of all the other steel mills and iron mines whose existence and competition served to hold down the prices of the steel and iron ore that contributed to the production of his car.And, thanks to the great magnitude of wealth employed as capital, the demand for labor, of which capital is the foundation, is great enough and thus wages are high enough that virtually everyone is able to afford to a substantial degree most of the products of the economic system. For the capital of the capitalists is the foundation both of the supply of products that everyone buys and of the demand for the labor that all wage earners sell. More capital—a greater amount of wealth in the possession of the capitalists—means a both a larger and better supply of products for wage earners to buy and a greater demand for the labor that wage earners sell. Everyone, wage earners and capitalists alike, benefits from the wealth of the capitalists, because, as I say, that wealth is the foundation of the supply of the products that everyone buys and of the demand for the labor that all wage earners sell. More capital in the hands of the capitalists always means a more abundant, better quality of goods and services offered for sale and a larger demand for labor. The further effect is lower prices and higher wages, and thus a higher standard of living for wage earners.Furthermore, the combination of the profit motive and competition operates continually to improve the products offered in the market and the efficiency with which they are produced, thus steadily further improving the standard of living of everyone.In the alleged conflict between the so-called 99 percent and the so-called 1 percent, the program of the 99 percent is to seize as far as possible the wealth of the 1 percent and consume it. To the extent that it is enacted, the effect of this program can only be to impoverish everyone, and the 99 percent to a far greater extent than the 1 percent. To the extent that the 1 percent loses its mansions, luxury cars, and champagne and caviar, 99 times as many people lose their houses, run-of-the mill cars, and steak and hamburger.
Empire: How Britain Made the Modern World
Niall Ferguson - 2002
Just how did a small, rainy island in the North Atlantic achieve all this? And why did the empire on which the sun literally never set finally decline and fall? Niall Ferguson's acclaimed Empire brilliantly unfolds the imperial story in all its splendours and its miseries, showing how a gang of buccaneers and gold-diggers planted the seed of the biggest empire in all history - and set the world on the road to modernity.'The most brilliant British historian of his generation ... Ferguson examines the roles of "pirates, planters, missionaries, mandarins, bankers and bankrupts" in the creation of history's largest empire ... he writes with splendid panache ... and a seemingly effortless, debonair wit' Andrew Roberts'Dazzling ... wonderfully readable' New York Review of Books'A remarkably readable précis of the whole British imperial story - triumphs, deceits, decencies, kindnesses, cruelties and all' Jan Morris'Empire is a pleasure to read and brims with insights and intelligence' Sunday Times
Money: The Unauthorised Biography
Felix Martin - 2013
It's wrong. And not just wrong, but dangerous.Money: the Unauthorised Biography unfolds a panoramic secret history and explains the truth about money: what it is, where it comes from, and how it works.Drawing on stories from throughout human history and around the globe, Money will radically rearrange your understanding of the world and shows how money can once again become the most powerful force for freedom we have ever known.
The Art of The Argument: Western Civilization's Last Stand
Stefan Molyneux - 2017
At a time when we need reasonable and empirical discussions more desperately than ever, 'The Art of the Argument' smashes through the brain-eating fogs of sophistry and mental manipulation, illuminating a path to benevolent power for all who wish to take it. Civilization is defined by our willingness and ability to use words instead of fists - in the absence of reason, violence rules. 'The Art of the Argument' gives you the intellectual ammunition - in one concentrated, entertaining and powerful package - to engage in truly productive, civilization-saving debates. Armed with this book, you will be empowered to speak truth to power, illuminate ignorance, shatter delusions and expose the dangerous sophists within your own life, and around the world.
Nathaniel's Nutmeg: How One Man's Courage Changed the Course of History
Giles Milton - 1999
At the beginning of the seventeenth century, however, Run's harvest of nutmeg turned it into the most lucrative of the Spice Islands, precipitating a fierce and bloody battle between the all-powerful Dutch East India Company and a small band of ragtag British adventurers led by the intrepid Nathaniel Courthope. The outcome of the fighting was one of the most spectacular deals in history: Britain ceded Run to Holland, but in return was given another small island, Manhattan. A brilliant adventure story of unthinkable hardship and savagery, the navigation of uncharted waters, and the exploitation of new worlds, Nathaniel's Nutmeg is a remarkable chapter in the history of the colonial powers.
The Wizard and the Prophet: Two Remarkable Scientists and Their Dueling Visions to Shape Tomorrow's World
Charles C. Mann - 2018
Can our world support that? What kind of world will it be? Those answering these questions generally fall into two deeply divided groups--Wizards and Prophets, as Charles Mann calls them in this balanced, authoritative, nonpolemical new book. The Prophets, he explains, follow William Vogt, a founding environmentalist who believed that in using more than our planet has to give, our prosperity will lead us to ruin. Cut back! was his mantra. Otherwise everyone will lose! The Wizards are the heirs of Norman Borlaug, whose research, in effect, wrangled the world in service to our species to produce modern high-yield crops that then saved millions from starvation. Innovate! was Borlaug's cry. Only in that way can everyone win! Mann delves into these diverging viewpoints to assess the four great challenges humanity faces--food, water, energy, climate change--grounding each in historical context and weighing the options for the future. With our civilization on the line, the author's insightful analysis is an essential addition to the urgent conversation about how our children will fare on an increasingly crowded Earth.
Chronic Condition: Why Canada's Health Care System Needs To Be Dragged Into The 21c
Jeffrey Simpson - 2012
Touch it and you die. Every politician knows this truism, which is why no one wants to debate it. Privately, many of them understand that the health care system, which costs about $200 billion a year in public and private money, cannot continue as it is—increasingly ill-adapted to an aging population with public costs growing faster than government revenues. In Chronic Condition, Jeffrey Simpson meets health care head on and explores the only four options we have to end this growing crisis: cuts in spending, tax increases, privatization, and reaping savings through increased efficiency. He examines the tenets of the Medicare system that Canadians cling to so passionately. Here, he finds that many other countries have more extensive public health systems, and Canadian health care produces only average value for money. In fact, our rigid system for some health care needs and a costly system for other needs—drugs, dentistry, and home care—is really the worst of both worlds. Chronic Condition breaks the silence about the huge changes and real choices that Canadians face.
The Men Who Killed Gandhi
Manohar Malgonkar - 1978
The men who killed Gandhi is a spellbinding Non fictional recreation of the events which led to India’s Partition, the eventual assassination of Gandhi, and the prosecution of those who were involved in Gandhian murder. This historical reenactment is set against the tumultuous backdrop of the British Raj. Malgonkar’s book is a result of painstaking research and from also having privileged access to many important documents and photographs related to the assassination. There is no doubt that Mahatma Gandhi played a leading role in obtaining independence from the British. But the problems that ensued afterwards, such as the structural rebuilding of the country and the Partition, led to many riots, massive migrations, and deep racial and cultural divides. Not everyone agreed with Gandhi and his ideals. As a result, a plot to assassinate Gandhi was devised by six individuals named, Narayan apte, Gopal God se, Madanlal pahwa, Digambar badge, and Nathan God se. This was eventually carried out in New Delhi, on the 30th of January, 1948. Eventually, these six individuals were tried and convicted. Four of them received life sentences while two of them received the death penalty. The first publication of the men who killed Gandhi occurred in 1978, during the emergency years. As a result, malgonkar omitted many vital facts including Dr. Ambedkar role in minimizing Savarkar’s criminal conviction. This 11th edition of the text contains these omitted facts as well as rare documents, and photographs obtained from National archives. After the four individuals who were convicted for Gandhi’s murder completed their life sentences, they were interviewed by malgonkar. These individuals revealed many details to him which were never known before. The author also received access to the Kapur Commission from his friend Mr. Nayar, who was in the Indian police service. As a result, the men who killed Gandhi is considered the most historically accurate account of Gandhian assassination plot.
Believe in People: Bottom-Up Solutions for a Top-Down World
Charles G. Koch - 2020
Towering barriers are holding millions of people back, and the institutions that should help everyone rise are not doing the job. Crumbling communities. One-size fits all education. Businesses that rig the economy. Public policy that stifles opportunity and emboldens the extremes. As a result, this country is quickly heading toward a two-tiered society.Today’s challenges call for nothing short of a paradigm shift – away from a top-down approach that sees people as problems to be managed, toward bottom-up solutions that empower everyone to realize their potential and foster a more inclusive society.Such a shift starts by asking: What would it mean to truly believe in people?Businessman and philanthropist Charles Koch has devoted his life to answering that question. Learn what he’s discovered during his 60-year career to help you apply the principles of empowerment in your life, in your business, and in society.By learning from the social movements and applying the principles that have enabled social progress throughout history, Koch has achieved more than he dreamed possible – building one of the world’s most successful companies and founding Stand Together, one of America’s most innovative philanthropic communities. Stand Together CEO Brian Hooks and Koch show how the only way to solve the really big problems – from poverty and addiction to harmful business practices and destructive public policy – is for each and every one of us to find and take action in our unique role as part of the solution.Full of compelling examples of what works – including several first-person accounts from individuals whose lives have been transformed – Koch and Hooks’ refreshing approach promotes partnership instead of partisanship and speaks to people from different perspectives and all walks of life. They show that no injustice is too tough to overcome if you share a deep belief in people, are willing to unite with anyone to do right, and work to empower others from the bottom up.
The Death and Life of Great American Cities
Jane Jacobs - 1961
In prose of outstanding immediacy, Jane Jacobs writes about what makes streets safe or unsafe; about what constitutes a neighborhood, and what function it serves within the larger organism of the city; about why some neighborhoods remain impoverished while others regenerate themselves. She writes about the salutary role of funeral parlors and tenement windows, the dangers of too much development money and too little diversity. Compassionate, bracingly indignant, and always keenly detailed, Jane Jacobs's monumental work provides an essential framework for assessing the vitality of all cities.
The End of Poverty
Jeffrey D. Sachs - 2005
Sachs is renowned for his work around the globe advising economies in crisis. Now a classic of its genre, The End of Poverty distills more than thirty years of experience to offer a uniquely informed vision of the steps that can transform impoverished countries into prosperous ones. Marrying vivid storytelling with rigorous analysis, Sachs lays out a clear conceptual map of the world economy. Explaining his own work in Bolivia, Russia, India, China, and Africa, he offers an integrated set of solutions to the interwoven economic, political, environmental, and social problems that challenge the world's poorest countries. Ten years after its initial publication, The End of Poverty remains an indispensible and influential work. In this 10th anniversary edition, Sachs presents an extensive new foreword assessing the progress of the past decade, the work that remains to be done, and how each of us can help. He also looks ahead across the next fifteen years to 2030, the United Nations' target date for ending extreme poverty, offering new insights and recommendations.
It's Our Turn to Eat
Michela Wrong - 2009
John's tale is the story of how a brave man came to make a lonely decision with huge ramifications.
Our Towns: A 100,000-Mile Journey Into the Heart of America
James M. Fallows - 2018
A realistically positive and provocative view of the country between its coasts.For the last five years, James and Deborah Fallows have been traveling across America in a single-engine prop airplane. Visiting dozens of towns, they have met hundreds of civic leaders, workers, immigrants, educators, environmentalists, artists, public servants, librarians, business people, city planners, students, and entrepreneurs to take the pulse and understand the prospects of places that usually draw notice only after a disaster or during a political campaign.The America they saw is acutely conscious of its problems--from economic dislocation to the opioid scourge--but it is also crafting solutions, with a practical-minded determination at dramatic odds with the bitter paralysis of national politics. At times of dysfunction on a national level, reform possibilities have often arisen from the local level. The Fallowses describe America in the middle of one of these creative waves. Their view of the country is as complex and contradictory as America itself, but it also reflects the energy, the generosity and compassion, the dreams, and the determination of many who are in the midst of making things better. Our Towns is the story of their journey--and an account of a country busy remaking itself.
Notes From a Very Small Island
Anthony Stancomb - 2015
Full of acute observation, uncontrollable humour and a rousing climax.’ - Country Life ‘To his credit Stancomb resists the stereotype of the closed-minded British expatriate.’ - Independent on Sunday - Pick of the paperbacks ‘A thoroughly good read ---An endearing tale of a roller coaster ride.’ - Croatia Online ‘This is not a tale of your usual English couple. This is such a fantastic read ... both humorous and thought provoking.’ - Travellingbookjunkie ‘The author presents this quirky little tale in an honest way, even when he is on the receiving end of a joke. You don’t need to make a break with your past to enjoy this book. It is a fascinating, humorous and totally believable read.’ - Robin’s Reviews ‘A good read. I enjoyed best the humorous bits.’ Tony Rossiter (author of It’s Only a Bloody Game) ‘A good read.’ - Tariq Ali Notes From a Very Small Island is the follow-up to the bestselling ‘Under a Croatian Sun’, which tells the story of a couple upping sticks and leaving their humdrum life in London for blue skies and café life on an island in Croatia. In this second book, the couple continue their attempts to fit in with the village community, but it’s not always easy, and more often than not their endeavours involve them in in hilarious disasters. They also now try to start some projects up, but they have to battle with maddening ex-communist authorities and highly suspicious locals. However, through this, they get to see the crippling legacies that communism and the recent war have left in the lives of their new neighbours. Although largely a light hearted tale, the book is also a heartfelt insight into a community trying to adjust to being members of the EU and the ways of the Western World.
From Tryst to Tendulkar: The History of Independent India
Balaji Viswanathan - 2014
It covers a range of items from the political integration of India to the making of Indian constitution, the history of Indian sports, economy, movies, science, among other topics. Through this exciting train journey we will meet the various historic characters - Nehru, Patel, Ambedkar, Tendulkar, VP Menon, Kalam, Homi Bhaba, Narasimha Rao. The first 9 chapters of this 18 chapter book focus on the darker side of the history - wars, accidents, disasters and deaths. The second 9 chapters focus on the brighter side of the history - the various achievements India has made in foreign policy, economics, science and art. We will start with the distant past history that led to 1947 and we will end with the recipes for the future.