Kaushik Basu’s work has played a significant role in the transformation of development economics from being a largely descriptive, longwinded, and unstructured discipline, to a much more rigorous and theoretically well-founded one. The field of development economics has witnessed dramatic change over the past two or three decades. The subject, though still among the most challenging sub-disciplines of economics, has drawn on the benefits on the rise of game theoretic methods, strategic analysis, and the availability of new data-sets. It not only entails the use of good economic theory but also requires that the researcher keep an anthropologist’s eye on reality. This collection illustrates Basu’s method of research well as it comments on a range of contentious subjects, such as the design of policy to combat child labour, the role of social norms in explaining why certain unwanted economic institutions persist, and how literacy ought to be measured. Besides providing easy access for students of economics especially in developing countries — to the author’s major papers in the field of theoretical development — the book will be of immense interest to professional economists, policy-makers, and economic journalists.
Collected Papers in Theoretical Economics (Volume I)
by Kaushik Basu
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ABOUT THE AUTHOR Kaushik Basu
Kaushik Basu is Carl Marks Professor of Economics at Cornell University. He has been Professor of Economics at the Delhi School of Economics and has to his credit a large number of monographs, edited volumes, and essay collections (including Economic Graffiti and Of People, Of Places). ‘Kaushik Basu is that triply rare being-an Indian intellectual who is open-minded, an economic theorist who is interested in human beings, and an American academic who has a sense of style. These, and many other, gifts are on display in this richly readable collection of essays. In prose that is always elegant and often witty, Basu throws fresh light here on themes of compelling importance to India and the world-the role of the market, the relations between states, the perils and promises of globalization.’
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Bibliographic information
Title
Collected Papers in Theoretical Economics (Volume I)
Author
Edition
1st ed.
Publisher
ISBN
0195667611
Length
vi+320p., Figures; 25cm.
Subjects
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