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Books, articles & talks Archive
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Review of Easterly’s Elusive quest for growth
Posted on December 11, 2008 |Book: The Elusive Quest for Growth: Economists’ Adventures and Misadventures in the Tropics Author: William Easterly Magnanimity of IMF and World Bank leads to policies unfavourable to poor people – The Fund and the Bank did not go far enough, argues Easterly The Elusive Quest for Growth by William Easterly reviews various theories of growth and the consequent efforts by World Bank and IMF. As the title indicates he looks at how these approaches ‘failed’ and traces some reasons for their failure. The book is interspersed with live accounts of little cases (“intermezzo”) from the field to animate the discussion.... -
Edward Said’s talk on ‘Clash of Civilizations’ by Samuel Huntington
Posted on December 11, 2008 |Understanding popular theories and their challenges is crucial to understanding institutions. Notions such as Clash of civilisations by Huntington have a powerful influence on how foreign policies are shaped in the United States. In a memorable talk, Edward Said takes on Huntington’s thesis with a powerful critique. Edward Said incisively analyzes Huntington’s notion that differences in culture between the ‘West’ and ‘Islam’ will lead to conflicts between the two civilizations. Arguing against monolithic understanding of cultures, Said makes a powerful case for multiculturalism. Edward Said is one of the most powerful speakers I have listened to off-late, and this dense... -
Best book on India’s development by Amartya Sen and Dreze
Posted on December 11, 2008 |Book: India: Development and participation Authors: Amartya Sen & Jean Dreze My favourite book on India’s development issues. Provides a comprehensive overview of many important development issues In my opinion this book is gold standard and is a must read for anyone intersted in development issues. Amartya Sen is distinguished for his ability to incorporate a wide variety of concerns including growth, inequalities, gender issues, power relations, etc. Dreze complements these abilities and also brings in significant field-level experience apart from rigorous research. India: Development and Participation combines a broad understanding of development with remarkable balance in dealing with various... -
Easterly’s critique of cash for condoms: a case of poverty of economic approach
Posted on December 11, 2008 |In his famous book Elusive quest for growth William Easterly criticizes World Bank’s attempts to control population. But his ‘economic approach’ and failure to get contextual information makes his analysis poor and prescriptions dangerous. For an overall review of the book, click here Critique of ‘unwanted babies thesis’ The key theme of The elusive quest for growth is ‘people respond to incentives’. This is a statement that will find broad agreement – but the devil is in the details. In a chapter titled Cash for Condoms? Easterly discusses efforts by World Bank to contain population growth in various countries. He... -
Collected works on Anthropology and institutional economics
Posted on December 11, 2008 |Book: Anthropology and institutional economics Editor: James M. Acheson This volume is one of the rare collection of papers I found looking at Anthropology and institutional economics. Surprisingly, though the two have a large scope for collaboration, there is very little work happening between these two disciplines, to my knowledge. This volume provides a useful introduction. The book starts with an introduction about Anthropology and Institutional economics by James Acheson. This is followed by an essay on New Institutionalism by Robert Bates. The best part of the book is made up of case studies divided into three sections (1) Transactions... -
Babasaheb Ambedkar’s works online: Books, articles, talks
Posted on December 11, 2008 |A growing collection of Ambedkar’s works are available online at Ambedkar.org Ambedkar is easily one of the finest Indian thinkers ever. Academically, he has a degree in law, a Masters in economics (from London School of Economics), and a doctorate in social sciences (from Columbia University). At Columbia he majored in sociology and economics for his M.A. with a smattering of anthropology, politics and philosophy as other subjects. He also had a stint at University of Bonn. His experience ranges from being a untouchable boy to the principal architect of India’s Constitution. He started and ran a political party and... -
Institutions for an unequal world: Talk by Ha Joon Chang
Posted on December 3, 2008 |In this very entertaining talk, Ha Joon Chang argues against mainstream trade theories. He argues that most of the success stories, including the USA followed practices that are rejected by the current trade theories and that those who followed the policies have actually not done well. Ha Joon Chang argues this from an institutional perspective and makes a case for “infant industry argument”. While these arguments themselves are not too new, he brings in a lot of historical information that were new to me and gave me many “ah ha” moments. This entertaining and passionate talk is also delivered with... -
Learning as doing: John Seely Brown’s exciting ideas
Posted on December 3, 2008 |During my recent field work in India, I was impressed by the depth of social understanding by common people I met in the villages. Often, their views on the society were more sophisticated than many works I read in the academia. This has made me question not just what we learn in the social science disciplines, but also how we learn. I feel that the process of disengaged reading comfortably away from the hustle-bustle of the society compromises our learning. I have been thinking about how we can “teach” social sciences better and this talk by John Seely Brown was... -
Food Politics: Building institutions that regulate choice
Posted on November 23, 2008 |Book: Food politics: How the food industry influences nutrition and health Author: Marion Nestle The book was motivated by the contradictions between nutrition policy and practice. The author argues that the basic nutrition advice has remained more or less constant for the last fifty years. She examines the role of food industry in the US in creating an environment conductive to over eating and poor nutritional practice. From an ID Perspective, this book offers a fascinating picture on formation of policies and laws regulating the food industry; I’ll have more to say on this below. Overproduction, Competition & pressure to make... -
Development as freedom: Amartya’s importance for ID
Posted on November 23, 2008 |Book: Development as Freedom Author: Amartya Sen This is a world of unprecedented opulence, which coexists with remarkable deprivations. Overcoming these deprivations is central to development. Sen argues that individual agency is key to addressing these deprivations, but it should be recognised that agency is constrained by social, political and economic opportunities. Sen argues for “integrated analysis of economic, political and social activities involving a variety of institutions and many interactive agencies”. In my opinion Amartya Sen offers the most sophisticated view of institutions and their relevance for development; Development as freedom is the culmination of many decades of his...
