Economics and business books are often very difficult for the general reader.The first entry on this list attempts to jump that hurdle and bravely explain how economics shapes our world. Edible Economics: A Hungry Economist Explains the World (Allen Lane, Rs 999), Cambridge University professor Ha-Joon Chang, makes economics “more palatable by offering stories about food”. Chapters are named after different foods. It helps the author illustrate salient aspects of everyday economics. For example, the title of Chapter 8 is “Beef: The Most Controversial Meat Reveals Free Trade Doesn’t Mean Freedom for All.” Or, in Chapter 10 on Coca-Cola, “A drink resembling an aging rock band tells us why so many developing countries are dissatisfied with the prevailing economic ideology.” .
The second book to watch in 2022 is The Chip Wars: The Battle Over The World’s Most Important Technology (Simon & Schuster, Rs 799) By Chris Miller, International History Teacher at Tufts University’s Fletcher School. Microchips (or semiconductors) are at the heart of almost every function we use these days. The book is essentially the history of this “critical technology” as her two largest economies (and great powers) in the world, the United States and China, become embroiled in an ever-escalating conflict over its production and development. explains why.
Staying in Economic History, J. Bradford Delong’s Leaning towards utopia (Basic Books, Rs 999) is a compelling read. It traces the evolution of the global economy in what DeLong calls “the long his twentieth century,” the period from 1870 to 2010. Industrial Labs and Modern Enterprise – Since the discovery of agriculture, it has ushered in the changes that began to pull the world out of the abject poverty that has been the fate of mankind for the past 10,000 years.He teaches at the University of California, Berkeley. DeLong begins by asking simple questions such as: They will almost certainly think that the world in 2010 will be a paradise, a utopia. ” Of course, much has been achieved, but utopia has not been reached. So what went wrong? Read DeLong for more information.
And not just within India, but globally as the role of corporations comes under increasing scrutiny. For profit: corporate history (Basic Books, Rs 2,686) William Magnuson is a timely book. At the beginning of the book he asks: Then trace its evolution over the centuries, from ancient Rome to the present day.
From an Indian point of view, Tipping Point: Days at RBI and Beyond (Penguin Business, Rs 699) by C Rangarajan is a very detailed and insightful book that not only talks about the life of the RBI and subsequent RBI governors, but also gives a ringside view of the changes in the Indian economy since its inception. We also offer 1991 economic reforms.