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Groundwork for a New Economics
One of the central tenets of mainstream economics is Adam Smith's proposition that, given certain conditions, self-interested behavior by individuals ...
The Art of Policymaking in India
An economist's perspective on the nuts and bolts of economic policymaking, based on his experience as the Chief Economic Adviser in India. In December...
Kaushik Basu (Cornell University) explores the relation between agrarian institutions and economic development....
A New Approach to Law and Economics
"[This book] argues that the traditional economic analysis of the law has significant flaws and has failed to answer certain critical questions satisf...
From the Groves of Academe to the Slopes of Raisina Hill, Expanded Edition
‘Philosophy has to be deductive, poetry romantic, plays and fiction humorous, and politics intriguing if they are to catch my attention,’ writes K...
From New Delhi to Washington D.C.
This book charts the course of Kaushik Basu’s career over seven years, as he moved out of the cloisters of academe to the frenetic world of policyma...
Sketches from an Economist's Notebook
This is a book of academic asides, of reportage from, in, and around the world of research and academia. From Simone de Beauvoir to Joseph Schumpeter,...
A Study of the Social and Political Foundations of Economics
This volume aims to understand why some economies succeed and some fail, and why some communities prosper while others stagnate, so economics must be ...
From the Groves of Academe to the Slopes of Raisina Hill
'Philosophy has to be deductive, poetry romantic, plays and fiction humorous, and politics intriguing if they are to catch my attention, ' writes Kaus...
Essays for Everyone
In any country, one of the prerequisites for successful economic policy-making is a minimal economic literacy among its citizenry. This selection of p...
‘The Retreat of Democracy’ presents an expanded and reworked selection of Basu's best journalistic and academic writings on political and economic...
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Using Economic Theory for Policymaking in Emerging Economies
Effective policymaking is based on economics which is a blend of empiricism as well as theory. It needs to be grounded not only in data, statistics, a...
Essays in Honor of Amartya Sen
On the Unexpected Benefits of Thinking Clearly
Why do our friends have more friends than we do? How do you book the best available seats on a plane? And if jogging for ten minutes adds eight minute...
A Critique of Contemporary Theory
"Yes-- and more efficiently by women than by men, according to this analysis of household survey data for Bangladesh. An illiterate adult earns signif...
Raising adult wages through a minimum wage law can in some circumstances have the paradoxical effect of increasing the amount of child labor. In other...
This paper, based on the introductory remarks made at the two-day conference on "The State of the Economy, the State of the World, " is an idiosyncrat...
Theory and Experience
Theory and Evidence for Bangladesh