Here are 100 books that Reflective Shadows fans have personally recommended if you like
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I'm a historian of global capitalism and South Asia, writing about corporations as they are and how they could be. I've looked at India with the eyes of an outsider, drawing on my experiences growing up in 1990s Eastern Europe during a time of political upheaval and shock privatizations as the old communist order crumbled. Having witnessed the rise of a new class of monopolists and oligarchs in its stead, I became interested in the many different ways capitalists exercise power in society over time and around the world, and how we as ordinary citizens relate to them. I'm now interested in thinkers, activists, and entrepreneurs who have tried to experiment with alternatives.
Readers are spoiled for choice when it comes to investigative journalism and narrative non-fiction about contemporary India, but Siddhartha Deb’s collection of essays (titled after F. Scott Fitzgerald) stands out in a crowded field. Though a decade old, it has not lost any of its relevance or punch. Deb profiles a series of unforgettable figures, from a controversial upstart businessman to emigrant engineers, peasant revolutionaries, informal industrial workers, and a waitress who serves the rich and powerful. The book moves seamlessly from the city to the countryside, exposing both the aspirations and the frustrations of capitalism as it is really lived and felt by a wide cross-section of people across India.
A Globe and Mail Best Books of the Year 2011 Title
Siddhartha Deb grew up in a remote town in the northeastern hills of India and made his way to the United States via a fellowship at Columbia. Six years after leaving home, he returned as an undercover reporter for The Guardian, working at a call center in Delhi in 2004, a time when globalization was fast proceeding and Thomas L. Friedman declared the world flat. Deb's experience interviewing the call-center staff led him to undertake this book and travel throughout the subcontinent.
I have been trying to understand India’s evolution especially its economic path for the last half-century— by reading, traveling, and writing on aspects of that evolution. Originally this started with the Cold War concern about how a democracy would navigate using a democratic political system. So I took appropriate courses in college and graduate school, worked in India in the Peace Corps, and then spent a little under a decade teaching about it a doing research. For the following five decades I have continued my interest and publishing and studying. Whether I have understood much is for others to determine but these are my five book nominees.
This is ostensibly the third book documenting the history of a North Indian village from 1950 until today, but it also records much of the anthropological literature documenting the development in other villages in India over that period which parallels that in many other villages of South Asia. Viewed in the context of statistical data which is collected on a much broader scale this confirms the remarkable economic evolution India has experienced from basketcase to development model.
Development economics is about understanding how and why lives change. How Lives Change: Palanpur, India, and Development Economics studies a single village in a crucially important country to illuminate the drivers of these changes, why some people do better or worse than others, and what influences mobility and inequality.
How Lives Change draws on seven decades of detailed data collection by a team of dedicated development economists to describe the evolution of Palanpur's economy, its society, and its politics. The emerging story of integration of the village economy with the outside world is placed against the backdrop of a rapidly…
I'm a historian of global capitalism and South Asia, writing about corporations as they are and how they could be. I've looked at India with the eyes of an outsider, drawing on my experiences growing up in 1990s Eastern Europe during a time of political upheaval and shock privatizations as the old communist order crumbled. Having witnessed the rise of a new class of monopolists and oligarchs in its stead, I became interested in the many different ways capitalists exercise power in society over time and around the world, and how we as ordinary citizens relate to them. I'm now interested in thinkers, activists, and entrepreneurs who have tried to experiment with alternatives.
A key aspect of the “India story,” as described on the macro level by Kaur, is entrepreneurship and the ethos of jugaad(innovating by making do). The idea of India as the new Silicon Valley has captured the global imagination, while the creative use of technology promises to solve longstanding social and economic problems within the country. Lilly Irani’s study questions the dominant framework of “entrepreneurial citizenship” among the new middle classes and the centrality of design practice to India’s current development model. This is another stellar example of interdisciplinary scholarship, based on ethnographic fieldwork at a Delhi design studio and drawing on the author’s background in computer science.
A vivid look at how India has developed the idea of entrepreneurial citizens as leaders mobilizing society and how people try to live that promise
Can entrepreneurs develop a nation, serve the poor, and pursue creative freedom, all while generating economic value? In Chasing Innovation, Lilly Irani shows the contradictions that arise as designers, engineers, and businesspeople frame development and governance as opportunities to innovate. Irani documents the rise of "entrepreneurial citizenship" in India over the past seventy years, demonstrating how a global ethos of development through design has come to shape state policy, economic investment, and the middle class…
For over 44 years, I have been a writer, speaker, anchor, interviewer, teacher, analyst/commentator, publisher, producer, director, and consultant across different mass media: the written word, the spoken word, and the audio-visual medium – printed publications and websites, radio and podcasts, television, and documentary cinema. As a student of the political economy of India, I have sought to investigate the working of the nexus between business and politics. I am of the view that crony capitalism and oligarchy are at the roots of much that has gone wrong in the country of my birth and domicile which is often described as the “world’s largest democracy”.
American author Mark Twain had described the last decades of the 19th century as the Gilded Age in the United States, a period when on the surface everything appeared to be glittering like gold concealing the filth and ugliness that lay beneath. British journalist and academic James Crabtree, now based in Singapore, believes that the last few decades in India closely resembles the Gilded Age of the US. His 357-page book is filled with dozens of anecdotes about some of India’s most wealthy individuals such as Mukesh Ambani, Gautam Adani, and Vijay Mallya. His meetings with them and his detailed descriptions of their lifestyles and demeanour make for racy reading.
A disclaimer: Crabtree has described in flattering terms his meeting with this writer and referred to some of my articles and books.
A colorful and revealing portrait of the rise of India’s new billionaire class in a radically unequal society
India is the world’s largest democracy, with more than one billion people and an economy expanding faster than China’s. But the rewards of this growth have been far from evenly shared, and the country’s top 1% now own nearly 60% of its wealth. In megacities like Mumbai, where half the population live in slums, the extraordinary riches of India’s new dynasties echo the Vanderbilts and Rockefellers of America's Gilded Age, funneling profits from huge conglomerates into lifestyles of conspicuous consumption.
I’m a professor of economic psychology at the London School of Economics with affiliations in developmental economics and data science. Before that, I was at Harvard in Human Evolutionary Biology. During my PhD, I took graduate courses in psychology, economics, evolutionary biology, and statistics. I have undergraduate degrees in engineering and in psychology and took courses in everything from economics and biology to philosophy and political science. As a child, I witnessed the civil war in Sri Lanka; a violent coup in Papua New Guinea; the end of apartheid in South Africa, living in neighboring Botswana; and London’s 7/7 bomb attacks. I’ve also lived in Australia, Canada, USA, and UK.
This is probably the best lay introduction to economics that I've read. If you have opinions about the vices or virtues of capitalism, liberalism, socialism, or inequality, it offers a rigorous discussion of the underlying considerations.
Sowell is probably best known for his discussions on race, but in Basic Economics, his ability to explain, well, basic economic intuitions and thinking, really shines. Anyone opining on policy should read it.
In this fifth edition of Basic Economics , Thomas Sowell revises and updates his popular book on common sense economics, bringing the world into clearer focus through a basic understanding of the fundamental economic principles and how they explain our lives. Drawing on lively examples from around the world and from centuries of history, Sowell explains basic economic principles for the general public in plain English. Basic Economics , which has now been translated into six languages and has additional material online, remains true to its core principle: that the fundamental facts and principles of economics do not require jargon,…
I have been studying, writing, and teaching economic history for nearly four decades. I was drawn to the field because it let me combine my passion for understanding how the past and present are connected with my fascination with the insights derived from the natural sciences. When I started studying economic history, the discipline was still relatively new, having grown out of pioneering research in the 1950s and 1960s by a small band of innovative scholars. During my career, I have met many of these intellectual giants personally, and I have watched the discipline of economic history mature and grow in both its methods and intellectual scope.
If you read one book about the history of slavery, this should be it. This brief volume sums up decades of Wright’s scholarship about how the institution of slavery shaped virtually every aspect of American economic development and left a lasting imprint long after Emancipation. It is concise, eye-opening, and insightful. It also offers a broader lesson in the ways in which economic institutions affect aspects of behavior in unanticipated ways.
Through an analysis of slavery as an economic institution, Gavin Wright presents an innovative look at the economic divergence between North and South in the antebellum era. He draws a distinction between slavery as a form of work organisation, the aspect that has dominated historical debates, and slavery as a set of property rights. Slave-based commerce remained central to the eighteenth-century rise of the Atlantic economy, not because slave plantations were superior as a method of organizing production, but because slaves could be put to work on sugar plantations that could not have attracted free labor on economically viable terms.
I grew up listening to my grandfathers tell stories about the Great Depression (1930s). My cousins would want me to go out and play, but I wanted to stay indoors and listen to the stories. The Depression proved my grandfathers were not the best cotton farmers, but they were good storytellers, and I ended up an economics professor. Along the way, I ran across a thought from renowned British philosopher Francis Bacon: “Histories make men wise, poets, witty, mathematics, subtle;” Modern economics has gone in for subtlety, and maybe is a little too careless of wisdom. This thought sent me delving deeper into economic history, and I ended up writing five books in economics history.
Here is a stimulating and suggestive book, in 18 close-packed chapters, rich in fresh and illuminating insights. The scope, depth, and harmony of this book, strengthened with minute elaboration and carefulness, make it a work of permanent value. Missed here is the dogmatic readiness to force many intricate and diverse things to accommodate themselves to a few simple formulas. The book’s very descriptive title reveals its subject, which is presented with the utmost clearness, thoughtful intelligence, and adequacy of analysis, It is a welcomed reminder that time is the greatest innovator, spawning economic developments missed by the blind mechanisms of theoretical formulas. There is the accuracy of knowledge throughout, thoroughness in setting it forth, and admirable clearness.
In the century after the Civil War, an economic revolution improved the American standard of living in ways previously unimaginable. Electric lighting, indoor plumbing, motor vehicles, air travel, and television transformed households and workplaces. But has that era of unprecedented growth come to an end? Weaving together a vivid narrative, historical anecdotes, and economic analysis, The Rise and Fall of American Growth challenges the view that economic growth will continue unabated, and demonstrates that the life-altering scale of innovations between 1870 and 1970 cannot be repeated. Gordon contends that the nation's productivity growth will be further held back by the…
When I was contemplating a topic for my PhD thesis, it struck me powerfully that American economics was severely under-studied, and that this applied even more so to those associated with “American institutional economics.” My research soon indicated to me that the literature that did exist was lacking in coverage and badly misleading. During my research in archives, I uncovered some real gems—just one example was the archives of the Robert Bookings Graduate School, an institution largely forgotten, but famous at the time. This was exciting and inspired me to continue on to provide a major re-evaluation of American economics in the interwar period.
Mary Furner’s book presents what is the common view of progressives as liberal reformers, but there is another side to progressive social science that is less liberal.
The progressive era social science literature is replete with racism and with arguments about racial and other forms of inferiority derived from eugenics.
The vast amount of immigration from Southern and Eastern Europe gave rise to concerns about the undermining of American standards, both biological and economic, including theories of “race suicide.”
Leonard’s book has generated a great deal of discussion, and while there is no doubt that many progressives displayed eugenic and racist ideas, it needs to be stressed that such views were not limited to progressives, but included many of those with conservative and even free-market views in other areas.
In Illiberal Reformers, Thomas Leonard reexamines the economic progressives whose ideas and reform agenda underwrote the Progressive Era dismantling of laissez-faire and the creation of the regulatory welfare state, which, they believed, would humanize and rationalize industrial capitalism. But not for all. Academic social scientists such as Richard T. Ely, John R. Commons, and Edward A. Ross, together with their reform allies in social work, charity, journalism, and law, played a pivotal role in establishing minimum-wage and maximum-hours laws, workmen's compensation, antitrust regulation, and other hallmarks of the regulatory welfare state. But even as they offered uplift to some, economic…
I love businesses and have been lucky enough to work for and with some great ones in my career in senior leadership positions. For me, leadership is an extraordinary privilege, so we have a responsibility to do it well and keep learning and improving ourselves and the organisations we lead. My journey into more conscious leadership began over 30 years ago, well ahead of the current movement, and it has progressively become the passion driving my work to help leaders and organisations contribute to building a better world. This passion also drives my service with a number of spiritual communities, including Sundial House and the Community of Living Ethics.
You might think this book is a bit left field in the arena of leadership, given its title. I think it cuts to the heart of the big question all leaders, whether of organisations or nations, should be considering, that of economics and economy.
What really resonated with me is the exploration of the subject from holistic and spiritual, or consciousness, perspectives and how this encourages thinking more deeply about the confines and constraints our economic systems place on us, the compromises that ensue in decision-making and, most importantly, the choices we need to consider more carefully from an ethical and human values standpoint.
This is a topic central to human survival and well-being, a must-read for leaders.
14 lectures in Dornach, July 14-August 6, 1922 (CW 340) 6 seminars in Dornach, July 31-August 5, 1922 (CW 341)
“In this age of social, economic, and ecological disruption, many people are beginning to realize that perhaps the most important root causes for this crisis originate in an economic thinking that is increasingly out of touch with the social, ecological, and spiritual realities of our time. How, then, can we rethink and redefine the fundamental economic concepts that frame our discussions and shape our key institutions in society today? This is the big question on the table today. Rudolf Steiner’s…
We teamed up about fifteen years ago around a common interest in the political economy of North Korea; Haggard is a political scientist, Noland an economist. Both of us had spent our careers focused on Asia but looking largely at the capitalist successes: Japan and the newly industrializing countries of Korea, Taiwan, and Southeast Asia. But what about the anomalous cases in the region that did not get on the growth train? The “Asian miracle” was hardly ubiquitous…what had gone wrong? North Korea was clearly the biggest puzzle, and we ended up researching and writing on the famine, refugees, and the complexities of international sanctions.
The title of this book is doubly surprising. Is North Korea enterprising? And North Korea “in the world economy”? Isn’t it the hermit kingdom? Hastings picks up a theme that was central to our work on the famine: that the socialist sector in North Korea has undergone a secular decline while households and entrepreneurs have constructed a complex market economy that is partially above ground, partly below it. But Hastings goes further, showing how that market economy is integrally tied to China. And the book has the added attraction of focusing attention on lucrative black markets that range from amphetamine to counterfeited one hundred dollar bills.
North Korea has survived the end of the Cold War, massive famine, numerous regional crises, punishing sanctions, and international stigma. In A Most Enterprising Country, Justin V. Hastings explores the puzzle of how the most politically isolated state in the world nonetheless sustains itself in large part by international trade and integration into the global economy. The world's last Stalinist state is also one of the most enterprising, as Hastings shows through in-depth examinations of North Korea's import and export efforts, with a particular focus on restaurants, the weapons trade, and drug trafficking. Tracing the development of trade networks inside…
