Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons for the persistence of this controversy.
The theory of monetarism is examined in its old guise as the Quantity Theory of Money, and subsequent chapters look at the evolution of the theory to its present form in the period since the 1950's, and Desai weaves together issues of theory with those of econometric evidence. He looks in turn at major predictions of monetarism, critically examining the claims made in the literature in the light of...
Testing Monetarism pursues the complex question of the nature of the controversy surrounding monetarist theory and evidence, and the reasons...
Despite increasingly frantic calls - especially after the London bombings of July 7 2005 - for western leaders to 'understand Islam better', there is a still a critical distinction that needs to be made between 'Islam' as religion and 'Islamism' in the sense of militant mindset. As the author of this provocative new book sees it, it is not a more nuanced understanding of Islam that will help the western powers defeat the jihadi threat, but rather a proper understanding of Islamism: a political ideology which is quite distinct from religion. While Islamism may be draped in religious imagery...
Despite increasingly frantic calls - especially after the London bombings of July 7 2005 - for western leaders to 'understand Islam better', there is ...
What makes India a nation? What has held its many disparate societies with their diverse, sometimes conflicting, narratives together for more than sixty years? What has allowed India to sustain its commitment to the democratic process, given its location in a region that is largely undemocratic? In this magisterial analysis of the last five hundred years of Indian history, Meghnad Desai looks at India's colonial past, its struggle for independence and its many contemporary conundrums, to discover answers to the questions that have confronted India-watchers for decades.
Meghnad Desai...
What makes India a nation? What has held its many disparate societies with their diverse, sometimes conflicting, narratives together for more than ...
In this provocative and enthusiastically revisionist book, the distinguished economist Meghnad Desai argues that capitalism s recent efflorescence is something Karl Marx anticipated and indeed would, in a certain sense, have welcomed. Capitalism, as Marx understood it, would only reach its limits when it was no longer capable of progress. Desai argues that globalization, in bringing the possibility of open competition on world markets to producers in the Third World, has proved that capitalism is still capable of moving forwards. "Marx s Revenge" opens with a consideration of the ideas of...
In this provocative and enthusiastically revisionist book, the distinguished economist Meghnad Desai argues that capitalism s recent efflorescence is ...
