Meghnad Desai (1940–)
Meghnad Desai has had a distinguished career as an economist, a political scientist and a politician: he is a Renaissance man. He has published numerous books and academic papers on a variety of topics, including Marxian economics, agricultural economics, development economics and macroeconomics. Besides his academic interests, he has been involved in movies and theatre. Meghnad has always been concerned with social issues. He was born in India and did his undergraduate education in Bombay, his doctorate at Pennsylvania, and began his academic career in the Agricultural Department at the University of California, Berkeley, before moving to LSE. After retiring from LSE, in 2015 he collaborated with some of his former students to establish an academic institution in India, the Meghnad Desai Academy of Economics (MDAE).
KeywordsEconometric models Inflation Monetarism Capitalism Marxian economics Poverty Predator-prey models Austerity
Main Works by Meghnad Desai
- Desai, M. (1970). ‘Vortex in India’. New Left Review, I/61 (May–June): 43–60.Google Scholar
- Desai, M. (1974). Marxian Economic Theory. London: Gray-Mills.Google Scholar
- Desai, M. (1976a). Applied Econometrics. Oxford: Philip Allan.Google Scholar
- Desai, M. (1981). Testing Monetarism. London: Pinter.Google Scholar
- Desai, M. (1984). ‘A General Theory of Poverty? A Review Article’. Indian Economic Review, New Series, 19(2): 157–169.Google Scholar
- Desai, M. (1989). ‘The Scourge of the Monetarists: Kaldor on Monetarism and on Money’. Cambridge Journal of Economics, 13(1): 171–182.Google Scholar
- Desai, M. (1989). Lenin’s Economic Writings. Atlantic Highlands, NJ: Humanities Press International.Google Scholar
- Desai, M. (1992). ‘Is There Life After Mahalanobis? The Political Economy of India’s New Economic Policy’. Indian Economic Review, New Series, 27(Special Number): 155–164.Google Scholar
- Desai, M. (1995). Macroeconomics and Monetary Theory: The Selected Essays of Meghnad Desai. Volume 1. Aldershot: Edward Elgar.Google Scholar
- Desai, M. (1995). Poverty, Famine and Economic Development: The Selected Essays of Meghnad Desai. Volume 2. Aldershot: Edward Elgar.Google Scholar
- Desai, M. (1998). ‘Development Perspectives: Was There an Alternative to Mahalanobis?’. Chapter 2 in I.M.D. Little and I.J. Ahluwalia (eds) India’s Economic Reforms and Development: Essays for Manmohan Singh. New Delhi: Oxford University Press: 40–48.Google Scholar
- Desai, M. (2000). ‘Review of Unintended Consequences: The Impact of Factor Endowments, Culture, and Politics on Long-Run Economic Performance, by D. Lal’. Journal of Economic Literature, 38(2): 414–415.Google Scholar
- Desai, M. (2002). Marx’s Revenge: The Resurgence of Capitalism and the Death of Statist Socialism. London: Verso.Google Scholar
- Desai, M. (2003). ‘Review of Economic Policy Reforms and the Indian Economy, by A.O. Krueger’. Journal of Economic Literature, 41(2): 614–616.Google Scholar
- Desai, M. (2009). The Rediscovery of India. New Delhi: Penguin.Google Scholar
- Desai, M. (2015). Hubris: Why Economists Failed to Predict the Crisis and How to Avoid the Next One. New Haven and London: Yale University Press.Google Scholar
- Desai, M. (unpublished). Autobiography. Draft.Google Scholar
- Desai, M. and S.G.B. Henry (1970). ‘Fiscal Policy Simulation for the UK Economy’. Chapter 14 in K. Hilton and D.F. Heathfield (eds) The Econometric Study of the United Kingdom. London: Macmillan: 351–374.Google Scholar
- Desai, M., S.H. Rudolph and A. Rudra (1984). Agrarian Power and Agricultural Productivity in South Asia. Los Angeles and London: University of California Press.Google Scholar
- Kumar, D. and M. Desai (eds) (1983). The Cambridge Economic History of India: Volume 2: c. 1757-c. 1970. Cambridge: Cambridge University Press.Google Scholar
Other Works Referred To
- Junankar, P.N. (Raja) (1982). Marx’s Economics. Oxford: Philip Allan.Google Scholar
- Junankar, P.N. (Raja) (2012). ‘Review of The Global Minotaur: America, the True Origins of the Financial Crisis and the Future of the World Economy, by Y. Varoufakis’. Economic and Labour Relations Review, 23(2): 135–141.Google Scholar
- LSE (2010). ‘Celebrating the Work and Legacy of Professor Lord Meghnad Desai’. Available at: www.lse.ac.uk/website-archive/newsAndMedia/videoAndAudio/channels/publicLecturesAndEvents/player.aspx?id=775.
- MDAE (2015). ‘Post Graduate Program in Economics and Finance’. Available at: http://www.meghnaddesaiacademy.org/admissions-2015.
- Sargan, J.D. (1964). ‘Wages and Prices in the United Kingdom: A Study in Econometric Methodology’. In P.E. Hart, G. Mills and J.K. Whitaker (eds) Econometric Analysis for National Economic Planning. Volume 16. Colston Papers. London: Butterworths: 25–54, with discussion.Google Scholar
- Sargan, J.D. (1988). Lectures on Advanced Econometric Theory. Edited and with an introduction by Meghnad Desai. Oxford: Basil Blackwell.Google Scholar
- Woolf Inquiry (2011). ‘An Inquiry into the LSE’s Links with Libya and Lessons to be Learned’. Available at: http://www.lse.ac.uk/website-archive/newsAndMedia/woolf/pdf/woolfReport.pdf.