Book picks similar to
Issues in Pakistan's Economy by S. Akbar Zaidi
pakistan
economics
1
adil-s-book-shelf
What Money Can't Buy: The Moral Limits of Markets
Michael J. Sandel - 2012
Sandel takes up one of the biggest ethical questions of our time: Isn't there something wrong with a world in which everything is for sale? If so, how can we prevent market values from reaching into spheres of life where they don't belong? What are the moral limits of markets?In recent decades, market values have crowded out nonmarket norms in almost every aspect of life. Without quite realizing it, Sandel argues, we have drifted from having a market economy to being a market society.In Justice, an international bestseller, Sandel showed himself to be a master at illuminating, with clarity and verve, the hard moral questions we confront in our everyday lives. Now, in What Money Can't Buy, he provokes a debate that's been missing in our market-driven age: What is the proper role of markets in a democratic society, and how can we protect the moral and civic goods that markets do not honor and money cannot buy?
How Much Is Enough? Money and the Good Life
Robert Skidelsky - 2012
This book tackles such questions head-on. The authors begin with the great economist John Maynard Keynes. In 1930 Keynes predicted that, within a century, per capita income would steadily rise, people’s basic needs would be met, and no one would have to work more than fifteen hours a week. Clearly, he was wrong: though income has increased as he envisioned, our wants have seemingly gone unsatisfied, and we continue to work long hours. The Skidelskys explain why Keynes was mistaken. Then, arguing from the premise that economics is a moral science, they trace the concept of the good life from Aristotle to the present and show how our lives over the last half century have strayed from that ideal. Finally, they issue a call to think anew about what really matters in our lives and how to attain it. How Much Is Enough? is that rarity, a work of deep intelligence and ethical commitment accessible to all readers. It will be lauded, debated, cited, and criticized. It will not be ignored.
Trade Wars Are Class Wars: How Rising Inequality Distorts the Global Economy and Threatens International Peace
Matthew C. Klein - 2020
Klein and Michael Pettis show in this book, they are often the unexpected result of domestic political choices to serve the interests of the rich at the expense of workers and ordinary retirees. Klein and Pettis trace the origins of today’s trade wars to decisions made by politicians and business leaders in China, Europe, and the United States over the past thirty years. Across the world, the rich have prospered while workers can no longer afford to buy what they produce, have lost their jobs, or have been forced into higher levels of debt. In this thought-provoking challenge to mainstream views, the authors provide a cohesive narrative that shows how the class wars of rising inequality are a threat to the global economy and international peace—and what we can do about it.
Pakistan: Between Mosque and Military
Husain Haqqani - 2005
allies in the war against terrorism, Pakistan cannot be easily characterized as either friend or foe. Nuclear-armed Pakistan is an important center of radical Islamic ideas and groups. Since 9/11, the selective cooperation of president General Pervez Musharraf in sharing intelligence with the United States and apprehending al Qaeda members has led to the assumption that Pakistan might be ready to give up its longstanding ties with radical Islam. But Pakistan's status as an Islamic ideological state is closely linked with the Pakistani elites' worldview and the praetorian ambitions of its military. This book analyzes the origins of the relationships between Islamist groups and Pakistan's military, and explores the nation's quest for identity and security. Tracing how the military has sought U.S. support by making itself useful for concerns of the moment – while continuing to strengthen the mosque-military alliance within Pakistan – Haqqani offers an alternative view of political developments since the country's independence in 1947.
Constitutional And Political History Of Pakistan
Hamid Khan - 2004
It provides a case-by-case account of constitution-making in Pakistan and includes all pertinent documentation regarding this. Constitutional developments have been explained in the context of the social and political events that shaped them, and the book focuses on constitutional and political history and constitutional development concurrently. It includes a liberal humanitarian reading of the travails of lawmakers and the role of generals, politicians, and bureaucrats in the implementation of these laws.
Jinnah of Pakistan
Stanley Wolpert - 1984
Fewer still modify the map of the world. Hardly anyone can be credited with creating a nation-state. Muhammad Ali Jinnah did all three.” Stanley WolpertThese are the opening lines of the preface of Stanley Wolpert’s book, “Jinnah of Pakistan” and serves to entice you to read an extremely thorough, comprehensive and detailed study about one of the most pragmatic and charismatic leaders of South Asia, Muhammad Ali Jinnah.Stanley Wolpert is an American academic who is considered to be one of the world's foremost authorities on the political history of modern South Asia. During a trip to Bombay in 1948, he became interested in the complexities of Indian culture, history and politics. Since 1962, he has published many fictional and non-fictional books on his favorite subject.In the preface, Wolpert adds: “For more than a quarter century, I have been intrigued by the apparent paradox of Jinnah’s strange story which has to date never been told in all the fascinating complexity of its brilliant light and tragic darkness.”“Jinnah of Pakistan” was published in 1984. This unique and insightful biography explores the fascinating public and private life of founder of Pakistan, Muhammad Ali Jinnah from his birth in 1876 till his death in 1948. In recording the events that unfold and shape Jinnah’s life, Wolpert also chronicles almost eight decades of Indian history to the point where India achieves independence from British rule amid growing Muslim-Hindu antagonism.It is a tragedy that the new generation of Pakistan knows about the founder of their country only through text books, a few websites and television programs. These limited resources do not tell the complete picture of a very intelligent, shrewd and resilient lawyer, politician and statesman who altered the map of South Asia through his sheer indomitable will against all odds.It is almost a standard statement in Pakistani text books that Muhammad Ali Jinnah was a great man but after reading Stanley Wolpert’s “Jinnah of Pakistan” one can get a better understanding of why Jinnah can be….. and should be…. regarded as such a great leader. Physically a frail man, he alone gave courage, hope, strength and voice to millions of Muslims of South Asia who were dismissed as second class citizens in United India before partition in 1947.The biography is placed on a huge canvas and takes the readers to the bustling port of Karachi where Jinnah was born and follows him to London, Bombay, Calcutta, Lucknow, Nagpur, Amritsar, New Delhi, Simla, Lahore, Peshawar, Quetta, Ziarat and finally Karachi again where lies buried “ one of history’s most remarkable, tenacious, enigmatic figures.”The book reveals Jinnah’s failings, his loneliness, his pain, his broken marriage, his estrangement from his only daughter, his long and fatal disease which he kept under wraps and yet the true worth of his gigantic accomplishment can only be more appreciated when viewed alongside his human weaknesses.The book also brings under spotlight, Jinnah’s love and marriage to the beautiful and vivacious “flower of Bombay" Ruttie. The whole episode is dealt with great deal of compassion as Wolpert gives a rare glimpse into Jinnah’s most private moments and thoughts___ and his ultimate pain when due to Jinnah’s extremely demanding political and legal career, the marriage breaks down and ends with Ruttie’s tragic death when she was only 29.An excerpt from the book: “It (the funeral) was a painfully slow ritual. Jinnah sat silent through all of its five hours. As Ruttie’s body was being lowered into the grave, Jinnah as the nearest relative was the first to throw the earth on the grave. He broke down suddenly and wept and sobbed like a child for minutes together. That was the only time when I found Jinnah betraying some shadow of human weakness.”The best thing about the book is that is very impartial and does not gloss over any facts or resort to hyperbole. Like an artist who creates a masterpiece with careful strokes of his paintbrush, Wolpert also records small anecdotes and major incidents to show Jinnah’s shrewd and skilful leadership as well his single-minded tenacity to win his case for the creation of Pakistan on behalf of the Muslims of South Asia.For this great and engrossing biography, Stanley Wolpert has won a great deal of gratitude from those who have read and enjoyed this book. ’Jinnah of Pakistan’ is an absolute must read for the students of political history of South Asia and for every Pakistani who is interested in knowing the extent of debt owed to Quaid-e-Azam Muhammad Ali Jinnah for freedom and a separate country after the end of British Raj in the sub-continent.
The Accumulation of Capital
Rosa Luxemburg - 1913
In January 1919, after being arrested for her involvement in a workers' uprising in Berlin, she was brutally murdered by a group of right-wing soldiers. Her body was recovered days later from a canal. Six years earlier she had published what was undoubtedly her finest achievement, The Accumulation of Capital - a book which remains one of the masterpieces of socialist literature. Taking Marx as her starting point, she offers an independent and fiercely critical explanation of the economic and political consequences of capitalism in the context of the turbulent times in which she lived, reinterpreting events in the United States, Europe, China, Russia and the British Empire. Many today believe there is no alternative to global capitalism. This book is a timely and forceful statement of an opposing view.
The Divide: American Injustice in the Age of the Wealth Gap
Matt Taibbi - 2014
Crime goes down. The prison population doubles. Fraud by the rich wipes out 40 percent of the world's wealth. The rich get massively richer. No one goes to jail.In search of a solution, journalist Matt Taibbi discovered the Divide, the seam in American life where our two most troubling trends--growing wealth inequality and mass incarceration--come together, driven by a dramatic shift in American citizenship: Our basic rights are now determined by our wealth or poverty. The Divide is what allows massively destructive fraud by the hyperwealthy to go unpunished, while turning poverty itself into a crime--but it's impossible to see until you look at these two alarming trends side by side.
After the Music Stopped: The Financial Crisis, the Response, and the Work Ahead
Alan S. Blinder - 2013
financial system, which had grown far too complex for its own good-and too unregulated for the public good-experienced a perfect storm beginning in 2007. When America's financial structure crumbled, the damage proved to be not only deep, but wide. It took the crisis for the world to discover, to its horror, just how truly interconnected-and fragile-the global financial system is. The second part of the story explains how American and international government intervention kept us from a total meltdown. Many of the U.S. government's actions, particularly the Fed's, were previously unimaginable. And to an amazing-and certainly misunderstood-extent, they worked. The worst did not happen. Blinder offers clear-eyed answers to the questions still before us, even if some of the choices ahead are as divisive as they are unavoidable. After the Music Stopped is an essential history that we cannot afford to forget, because one thing history teaches is that it will happen here again.
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.
The System: Who Rigged It, How We Fix It
Robert B. Reich - 2020
After years of stagnant wages, volatile job markets, and an unwillingness by those in power to deal with profound threats such as climate change, there is a mounting sense that the system is fixed, serving only those select few with enough money to secure a controlling stake. With the characteristic clarity and passion that has made him a central civil voice, Robert B. Reich shows how wealth and power have interacted to install an elite oligarchy, eviscerate the middle class, and undermine democracy. Using Jamie Dimon, the chairman and CEO of JPMorgan Chase as an example, Reich exposes how those at the top propagate myths about meritocracy, national competitiveness, corporate social responsibility, and the free market to distract most Americans from their accumulation of extraordinary wealth, and power over the system. Instead of answering the call to civic duty, they have chosen to uphold self-serving policies that line their own pockets and benefit their bottom line. Reich's objective is not to foster cynicism, but rather to demystify the system so that we might instill fundamental change and demand that democracy works for the majority once again.
The End of Alchemy: Money, Banking, and the Future of the Global Economy
Mervyn A. King - 2016
We all sense that, but Mervyn King knows it firsthand; his ten years at the helm of the Bank of England, including at the height of the financial crisis, revealed profound truths about the mechanisms of our capitalist society. In The End of Alchemy he offers us an essential work about the history and future of money and banking, the keys to modern finance.The Industrial Revolution built the foundation of our modern capitalist age. Yet the flowering of technological innovations during that dynamic period relied on the widespread adoption of two much older ideas: the creation of paper money and the invention of banks that issued credit. We take these systems for granted today, yet at their core both ideas were revolutionary and almost magical. Common paper became as precious as gold, and risky long-term loans were transformed into safe short-term bank deposits. As King argues, this is financial alchemy—the creation of extraordinary financial powers that defy reality and common sense. Faith in these powers has led to huge benefits; the liquidity they create has fueled economic growth for two centuries now. However, they have also produced an unending string of economic disasters, from hyperinflations to banking collapses to the recent global recession and current stagnation.How do we reconcile the potent strengths of these ideas with their inherent weaknesses? King draws on his unique experience to present fresh interpretations of these economic forces and to point the way forward for the global economy. His bold solutions cut through current overstuffed and needlessly complex legislation to provide a clear path to durable prosperity and the end of overreliance on the alchemy of our financial ancestors.
How Markets Fail: The Logic of Economic Calamities
John Cassidy - 2009
Farrar, Straus and Giroux, 2009.
Bullshit Jobs: A Theory
David Graeber - 2018
After a million online views in seventeen different languages, people all over the world are still debating the answer.There are millions of people—HR consultants, communication coordinators, telemarketing researchers, corporate lawyers—whose jobs are useless, and, tragically, they know it. These people are caught in bullshit jobs.Graeber explores one of society’s most vexing and deeply felt concerns, indicting among other villains a particular strain of finance capitalism that betrays ideals shared by thinkers ranging from Keynes to Lincoln. Bullshit Jobs gives individuals, corporations, and societies permission to undergo a shift in values, placing creative and caring work at the center of our culture. This book is for everyone who wants to turn their vocation back into an avocation.