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The Poverty of Political Economy : How Economics Abandoned the Poor by Meghnad Desai

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Here are the product details for "The Poverty of Political Economy: How Economics Abandoned the Poor" by Meghnad Desai:

- Publisher: HarperCollins

- Language: English

- Hardcover: 286 pages

- ISBN-10: 9356290555

- ISBN-13: 978-9356290556

- Item Weight: 500 g

- Dimensions: 23 x 15.3 x 2.9 cm

**About the Book:**

In "The Poverty of Political Economy," Meghnad Desai critically examines the various schools of thought that have shaped economics throughout history. Starting from the ideas of Adam Smith to the influence of John Maynard Keynes, and from the Great Depression to the collapse of Lehmann Brothers, Desai delves into the role economics has played in both domestic and international politics.

The book raises important questions about the shortcomings of economic theories and practices, exploring where economics may have fallen short in addressing poverty and social issues. Desai also analyzes how changes in the international order have impacted economic policymaking. In the context of the COVID-19 pandemic, he discusses the need to reinvent the way economic policies are formulated to address the challenges of the 21st century.

Meghnad Desai, a prominent political economist, presents a compelling thesis with a wealth of erudition. He asserts that, in the 21st century, there is a pressing need to reevaluate and reshape economics to better address the needs of humanity.

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