Category: Book Readings
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India Grows at Night (by Gurucharan Das)
In this book, Gurucharan Das tried to capture the inherent contradiction in our country and how it explains the state of economy and democracy in today’s India. Contemporary India is puzzling to outsiders. How is it that a country with a vibrant democracy and a fastest growing economy seem to be so badly governed? The…
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SuperFreakonomics (by Steven D. Levitt & Stephen J. Dubner)
SuperFreakonomics is a thought provoking sequel to Freaknomics. This book takes forward the core theme from the first book – People respond to incentives in myriad ways. Unlike other books on economics, SuperFreakonomics has no big concepts or frameworks. It does not conform strictly to a book on macro or micro economics. Instead, the book…
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Fool’s Gold (by Gillian Tett)
This book tracks the history of credit derivatives market from their roots in J.P.Morgan to their eventual role in Wall Street collapse in 2008. ABS and MBS have been around for sometime that allowed banks to offload credit risk to other investors. However J.P.Morgan had a peculiar problem with their corporate lending. They needed a…
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Too big to fail (by Andrew Ross Sorkin)
This book is a definitive account of the events leading up to the crash of 2008. The narration of the events starts from March of that fateful year when Bear Stearns agreed to be sold to JPM at dirt cheap price. This was the beginning of the end of famous wall street business model. The…
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Imagining India : The idea of a renewed nation (by Nandan Nilekani)
This is one of the most well researched books written about India and about our success and failures since independence in economic and social spheres. While India could be proud of our democracy, science and technological advances, innovations at the bottom of the pyramid and our outsourcing success – a lot is desired on all…